Magnitude :D
Cost, schedule, and performance
There are two factors that need to be taken into account when it comes to risk assessment. First of all, there is the magnitude of the potential loss. Secondly, there is the probability that the loss will occur.
The main factor determining earthquake risk in a location is its proximity to tectonic plate boundaries. Areas near convergent plate boundaries, transform plate boundaries, or along faults are at a higher risk of experiencing earthquakes due to tectonic activity.
The movement of seismic waves along faults and friction.
It is the risk.
It is the risk.
Assessment is the intersection of the assessed probability and severity of the hazard called in the Composite Risk Management.
The risk.
Risk Level
Risk Level
Risk is assessed by various criteria. These are typically how likely something is to happen, how frequently it might happen, and how important an effect it could be. After judgment has been made on the theoretical risk then it is monitored periodically to see if those factors have changed.