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Continuing my risk series with a short sidebar: we usually define Risk as the product of Likelihood and Impact, but some disciplines include a third factor, Exposure. What's up with that?
jacobian.org/2025/jan/15/...
Sidebar #1: "Exposure" - Jacob Kaplan-Moss
Risk is usually defined as the product of two factors: Likelihood and Impact. However, some disciplines include a third factor: Exposure. What’s that about, and when is it useful?
jacobian.org
Jan 15, 2025 17:27
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