is an uncertain event or condition that, if it occurs, has an effect on at least one project objective. External links edit Risk The entry of the Stanford Encyclopedia of Philosophy. For example, the uncontrolled release of radiation or a toxic chemical may have immediate short-term safety consequences, more protracted health impacts, and much longer-term environmental impacts. Risk is the potential of gaining or losing something of value. "Risk-based maintenanceTechniques and applications". Hansson, Sven Ove; Zalta, Edward. We just carried on, leaning on each other during the most violent of our planet's spasms. Drabek 1986 Judgment Under Uncertainty: heuristics and biases Daniel Kahneman, Paul Slovic, and Amos Tversky 1982 Mapping Vulnerability: disasters, development, and people Greg Bankoff, Georg Frerks, and Dorothea Hilhorst 2004 Man and Society in Calamity: The Effects of War, Revolution, Famine, Pestilence upon Human Mind.
Citation needed In the nuclear industry, consequence is often measured in terms of off-site radiological release, and this is often banded into five or six-decade-wide bands. Before long these 'normal' in-flight infestations were transformed into a new normal that we tolerated. Definitions edit, firefighters at work, the, oxford English Dictionary cites the earliest use of the word in English (in the spelling of risque from its from French original, 'risque' ) as of 1621, and the spelling as risk from 1655. Hill, KR; Walker, RS; Bozicevic, M; Eder, J; Headland, T;. Risk could be said to be the way we collectively measure and share this "true fear"a fusion of rational doubt, irrational fear, and a set of unquantified biases from our own experience. The Digital Hand, Vol 3: How Computers Changed the Work of American Public Sector Industries. There are different types of VaR: long term VaR, marginal VaR, factor VaR and shock VaR. With no progeny our scraggly race of degenerates is down to a few hundred who are chronicling our destruction. University Press learning can be scary narrative essay of America.