Examples of Risk classification in a sentence
This may include, as a minimum, the following, with exact reporting requirements to be agreed with individual Framework Public Bodies: Identification of Risk; Classification of Risk (likelihood, impact, risk category); Control of Risk through Prevention/Detection/Mitigation/Elimination; Review and Reporting of Risk.
Table 2: WECC Cultural Risk Classification Assignments Site Density4 Area Surveyed Within Last 10 Years Area Surveyed Prior to Last 10 Years Outside Surveyed Area 0 A B E Low (1-3) A B C Moderate (4-6) C C C High (7-9) D D D Any cell listed as TCP/sacred site D D D To implement the above strategy, the source site and inventory datasets are converted into ESRI™ raster (grid cell) files according to specifications that conform to WECC’s standard raster (500m x 500m grid cells), as described in Appendix A.
The economic evaluation period for the proposed new or modified connection shall be determined based on that risk classification as follows: Risk Classification Economic Evaluation Period High risk 5 years Medium-high risk 10 years Medium-low risk 15 years Low risk 25 years In accordance with section 6.5.2(a), the transmitter must include its risk classification methodology in its economic evaluation procedure.
Risk Classification Risk Classification identifies the most important risks and promotes in subsequent steps the actions to be taken to safeguard the commodities.
A basic introduction to these processes is available at the following URL: xxxx://xx-xxxxx.xxxx.xxx/cgi-bin/ShowDocument?docid=3521 The FermiGrid Change Risk Classification document is available at the following URL: xxxx://xx-xxxxx.xxxx.xxx/cgi-bin/ShowDocument?docid=3596 Terms of Agreement: The signatures on this document below indicate agreement to its content, that it is valid, has achievable objectives, and represents the intent of the FermiGrid Services Group to deliver the agreed set of Services.
Risk Control Plan Risk Planning identifies the procedures and responsibilities to monitor the risks according to the priorities identified in the Risk Classification phase.
This list is created upon identification of the major risks, as provided by the Risk Classification process.
Risk Classification Process to sort risks based on a pre-defined criteria.