Sentence examples for likelihood and consequence from inspiring English sources

Probabilistic techniques were used to assess likelihood and consequence, and hence the risk to aquatic biota from salinity.

In addition to likelihood and consequence reduction, mitigation may seek to achieve risk avoidance or risk transfer, spreading, and sharing.

The recommendations cover a range of issues, among them: the relation between coloring the risk matrix and the definition of risk and major hazard aversion; the qualitative, subjective assessment of likelihood and consequence; the scaling of the discrete likelihood and consequence categories; and the use of corporate risk matrix standards.

After constructing a Reliability Block Diagram (RBD) to establish the context, we conducted bow-tie analysis, Fault Tree Analysis (FTA), Failure Mode and Effects Analysis (FMEA), likelihood and consequence analysis, and used a risk matrix.

A general trend was observed of enhanced explosion likelihood and consequence severity with a decrease in material diameter, as well as enhanced consequence severity with admixture of a flammable gas to the combustion atmosphere.

The purpose of this research is to explore the relationship among multivariate process capability indices, expected losses and design reliability for the nominal-the-better case so the likelihood and consequence resulting from the failure of a multi-characteristic engineering design can be evaluated simultaneously.

The hazard identification and the consequence modelling steps, especially the quantification of the likelihood and consequences, have been designed specifically.

It also recommended that GDF Suez undertake a risk assessment of the likelihood and consequences of a fire and the most effective protection for exposed coal surfaces.

I wish that Saul, a retired actuary able to calculate the likelihood and consequences of acts of God, had told me that before I bought the boat.

The likelihood and consequences of potential transfer of the rust resistance trait from cultivated varieties of wheat to wild plants is identical in both cases.

Threats to your supply chain, and therefore to your company, abound natural disasters, accidents, and intentional disruptions their likelihood and consequences heightened by long, global supply chains, ever-shrinking product lifecycles, and volatile and unpredictable markets.