Risk and Consequence in High Adventure

 

1. Risk can be described as

 the combination of:

 

*Likelihood and

 Consequence

 

*The likelihood that a

 dangerous event will

 occur and the 

resulting consequence if

 that event does occur

 

2. Risk management is taking steps to

 reduce:

 

*Likelihood, consequence, or both!

3. Example: Rock Climbing

 

*Dangerous event: slipping

 

*You can reduce the likelihood that

 you will slip by wearing

 appropriate shoes, not

 climbing it in the rain, 

etc.

 

*You can reduce the consequence

 by wearing a helmet, 

using ropes and a harness, not

 climbing too high, etc.

 

 

 

 

 The higher the risk 

the more severe the 

possible 

consequence.

The lower the risk,

 the less severe the

 possible

 consequence.

 

(disregard the 

"NT" in the upper left of the image, it 

was cut out of a bigger image)

Thank you,

-Mgmt.