Likelihood
Definitions
These definitions will be displayed in 3D each time when you go with the mouse over the box likelihood
Risk |
Likelihood of happening |
Estimated frequency of incidents |
V |
Possibility of frequent repetition |
0-14 days |
IV |
Possibility of isolated repetition |
14 days to 6 month |
III |
Possibility of occurring sometime |
6 month to 1 year |
II |
Unlikely to occur |
1 year to 5 years |
I |
Very unlikely to occur |
>5 years |