Skip to content
  • Nexus publisher
  • Posted by Nexus publisher
October 30, 2026

Cascading risk

Risk that an initial impact propagates through dependencies, such as power to water to health services, producing secondary impacts larger than or distant from the first event.

Read More
  • Nexus publisher
  • Posted by Nexus publisher
October 30, 2026

Systemic risk (disaster risk science)

Risk embedded in a system that is not itself considered a risk and so is not generally tracked or managed, but which systems analysis shows can impair overall system performance when the system changes (UNDRR GAR 2019).

Read More
  • Nexus publisher
  • Posted by Nexus publisher
October 30, 2026

Systemic risk (finance)

A risk of disruption to financial services caused by an impairment of all or parts of the financial system, with the potential for serious negative consequences for the real economy (FSB, IMF and BIS, 2009).

Read More
  • Nexus publisher
  • Posted by Nexus publisher
October 30, 2026

Disaster risk assessment

A qualitative or quantitative approach to determine the nature and extent of disaster risk by analysing potential hazards and evaluating existing conditions of exposure and vulnerability (UNDRR terminology).

Read More
  • Nexus publisher
  • Posted by Nexus publisher
October 30, 2026

Semi-quantitative assessment

Assessment using bins, scales or representative numbers whose values and meanings are not maintained in other contexts, such as a 1 to 10 score (NIST SP 800-30 Rev. 1).

Read More
  • Nexus publisher
  • Posted by Nexus publisher
October 30, 2026

Risk matrix

A grid that ranks risks by ordinal categories of consequence and likelihood; listed in IEC 31010:2019 as a recording and reporting technique and known to misrank some risks.

Read More
  • Nexus publisher
  • Posted by Nexus publisher
October 30, 2026

Risk source

An element which alone or in combination has the potential to give rise to risk (ISO 31000:2018, 3.4).

Read More
  • Nexus publisher
  • Posted by Nexus publisher
October 30, 2026

Consequence

The outcome of an event affecting objectives; it can be certain or uncertain, positive or negative, and can escalate through cascading and cumulative effects (ISO 31000:2018, 3.6).

Read More
  • Nexus publisher
  • Posted by Nexus publisher
October 30, 2026

Likelihood

The chance of something happening, whether defined, measured or determined objectively or subjectively, qualitatively or quantitatively (ISO 31000:2018, 3.7).

Read More
  • Nexus publisher
  • Posted by Nexus publisher
October 30, 2026

Risk assessment

The overall process of risk identification, risk analysis and risk evaluation; clause 6.4 of ISO 31000:2018.

Read More