Skill
estimate impact of risks
Estimate the potential losses associated with an identified risk by applying standard risk analysis practices to develop an estimate of probability and impact on the company. Take both financial and non-financial impacts into account. Use qualitative and quantitative risk analysis techniques to identify, rate and prioritise risks.
Alternative Names
analyse impact of financial risksdetermine risks impactanalyse impact of non-financial riskscalculate impact of risks
Essential for these occupations
estimate impact of risks is listed as an essential skill for 1 occupation(s).
Optional for these occupations
estimate impact of risks is a useful but optional skill for 1 occupation(s).
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