What are some approaches to assess event probabilities


Problem

A. Define and explain the difference between threat and crisis.

B. Define and explain the difference between risk analysis, risk evaluation, and risk assessment.

C. What are some approaches to assess event probabilities?

D. Describe some of the difficulties associated with determining the probability and impact of a terrorist attack.

E. When considering disruptions, how important are building structure and building contents for a typed service-related organization?

F. When considering disruptions, how important are building structure and building contents for a typical manufacturing-related organization?

G. What are the four options for risk treatment?

H. Define the major steps involved from identifying threats to ultimately determining risks.

I. Are IT resources more or less important than building structure and building content resources

J. A computer model might be used to study tornado strike probabilities for an organization in central Oklahoma. These results may yield more accurate results but is four-decimal-point necessary?

K. Are there any advantages to using a sophisticated algorithm to assign relative weights to ca resources in determining impact?

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