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Risk Matrix (appended to Risk Management Policy) UNIVERSITY OF TASMANIA RISK MATRIX LIKELIHOOD SCALE: DescriptorDescriptionAlmost certainty event is expected to occur in most circumstances /commonly
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Risk matrix is appended to the risk assessment report.
All entities conducting risk assessments are required to file risk matrix appended to.
Risk matrix can be filled out by evaluating the likelihood and impact of potential risks, assigning a score to each risk, and categorizing them based on their severity.
The purpose of risk matrix appended to is to visually display and prioritize risks based on their likelihood and impact.
Risk matrix should include details of identified risks, their likelihood, impact, severity, and any mitigation measures.
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