No Risk Indicator

Term	Definition
No Risk Indicator	A “no risk” incident is an incident that is unlikely to happen, and even if it does, it will have no impact. In orgtology, we do not spend energy on managing “no risk” incidents. Its only purpose is to give statistical meaning to other risks. Author - Derek Hendrikz Hits - 1147 Synonyms: NR orgtology derek hendrikz derek hendrikz consulting purpose NR No Risk Indicator A “no risk” incident is an incident that is unlikely to happen, and even if it does, it will have no impact incident unlikely to happen no impact energy on managing statistical meaning to other risks

Term

Definition

A “no risk” incident is an incident that is unlikely to happen, and even if it does, it will have no impact. In orgtology, we do not spend energy on managing “no risk” incidents. Its only purpose is to give statistical meaning to other risks.

Author - Derek Hendrikz

Hits - 1147

Synonyms: NR

orgtology
derek hendrikz
derek hendrikz consulting
purpose
NR
No Risk Indicator
A “no risk” incident is an incident that is unlikely to happen, and even if it does, it will have no impact
incident
unlikely to happen
no impact
energy on managing
statistical meaning to other risks