Module 7 Flashcards
1
Q
Likelihood of failure
A
Imminent, probable, possible, improbable
2
Q
Likelihood of impact
A
High, medium, low, very low
3
Q
Likelihood of failure and impact
A
Very likely, likely, someone likely, unlikely
4
Q
Consequences of failure
A
Severe, significant, minor, negligible
5
Q
Risk ratings
A
Extreme, high, moderate, low
6
Q
Risk categorization process
A
Assess likelihood of failure Assess likelihood of impact Determine likelihood of failure and impact Assess consequences of failure Categorize risk rating
7
Q
Highest risk
A
Assigning a trees overall risk at the highest level of risk for the various target/failure mode for whatever is defective
