Difference between revisions of "Risk Event"

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== Definition ==
 
== Definition ==
'''Risk Event''' denotes the realization (manifestation) of an abstract [[Risk]]. It offers ex-post (materialized) evidence for what was earlier only a potentiality
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'''Risk Event''' denotes the realization (manifestation) of an abstract [[Risk]]. It offers ex-post (materialized) evidence for what was earlier only a potentiality ([[Event Risk]])
  
 
While in principle all risk realizations are "events", the term is informally used to denote realizations that manifest within a narrow interval of time (where narrowness is defined with respect e.g. to the [[Risk Horizon]]
 
While in principle all risk realizations are "events", the term is informally used to denote realizations that manifest within a narrow interval of time (where narrowness is defined with respect e.g. to the [[Risk Horizon]]
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== Attributes ==
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* Entity involved
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* Time or temporal interval of occurence
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* An [[Event Timeline]]
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* Description of impact (loss, severity)
  
 
== See Also ==
 
== See Also ==
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[[Category:Historical Events]]
 
[[Category:Historical Events]]
 
[[Category:Risk Data]]
 
[[Category:Risk Data]]
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[[Category:Open Data]]

Revision as of 18:42, 14 January 2020

Definition

Risk Event denotes the realization (manifestation) of an abstract Risk. It offers ex-post (materialized) evidence for what was earlier only a potentiality (Event Risk)

While in principle all risk realizations are "events", the term is informally used to denote realizations that manifest within a narrow interval of time (where narrowness is defined with respect e.g. to the Risk Horizon

Attributes

  • Entity involved
  • Time or temporal interval of occurence
  • An Event Timeline
  • Description of impact (loss, severity)

See Also


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