Question

What do the terms "catastrophic, critical, moderate, and negligible" describe in the risk assessment matrix?

1) Initial risk ratings
2) Residual risk ratings
3) Probability of an event occurring
4) Level of severity of an adverse event's effect

Answer 1

The terms "catastrophic, critical, moderate, and negligible" describe the level of severity of an adverse event's effect in the risk assessment matrix.

Step-by-step explanation:

The terms "catastrophic, critical, moderate, and negligible" describe the level of severity of an adverse event's effect in the risk assessment matrix. These terms indicate the potential impact or harm that an adverse event can cause. Here is a breakdown of what each term represents:

1. Catastrophic: Represents events with the highest level of severity. These are events that can cause significant harm or damage and have the potential to impact a large number of individuals or resources.
2. Critical: Represents events with a high level of severity. These events can cause significant harm or damage but may impact a smaller number of individuals or resources compared to catastrophic events.
3. Moderate: Represents events with a moderate level of severity. These events can cause moderate harm or damage and may impact a relatively smaller number of individuals or resources compared to critical events.
4. Negligible: Represents events with the lowest level of severity. These events may not cause any significant harm or damage and have minimal impact on individuals or resources.