Risk-Based Decision-Making FrameworkRisk-Based Decision-Making Framework • December 21st, 2022
• Attribute: an observable aspect of a risky situation that has value or reflects a utility objective, such as safety or reliability. Changes in the Levels of Attributes are used to determine the Consequences of a Risk Event. The Attributes in a Cost-Benefit Approach should cover the reasons that a utility would undertake risk mitigation activities.
Risk-Based Decision-Making Framework1Appendix A of the Settlement AgreementRisk-Based Decision-Making Framework • December 21st, 2022
Risk-Based Decision-Making Framework Agreement of Settling Parties Regarding Required Elements for Risk and Mitigation Analysis
