Beruflich Dokumente
Kultur Dokumente
Kaniraj Shenbaga
University Malaysia Sarawak
Risk Assessment
What is Risk?
Risk Types
Involuntary risks
Voluntary risks
Involuntary Risks
Voluntary Risks
Risk Management
Risk Analysis
=
R = Risk
p=?
L=?
R=?
Example 1 Answer
p = 0.05
L = RM200,00
R = 0.05 x 200,000 = RM10,000
Calculate:
Calculate: =
ProbaEvent
Loss
Cumulative probability
bility
E0
p0
L0 P0 = p0 + p1 + + pi + + pn = 1
Ei
pi
Li Pi = pi + + pn
En
pn
Ln Pn = pn
E0
Probability
?
E1
Event
Loss*
Cumulative probability
P0 = ?
P1 = ?
E2
P2 = ?
E3
P3 = ?
E0
Probability
0.835
E1
0.080
15
E2
0.025
45
E3
0.060
60
P3 = 0.06
Event
Loss*
Cumulative probability
E0
Probability
0.835
E1
Event
Loss*
Cumulative probability
P0 = ?
0.080
P1 = ?
E2
0.060
P2 = ?
E3
0.025
P3 = ?
E0
Probability
0.835
E1
0.080
20
E2
0.060
220
E3
0.025
350
P3 = 0.025
Event
Loss*
Cumulative probability
Loss of Lives
Loss of Lives
Exercise
Summary
References