MLchartDataset catalogue

Risk map

Term · Insurance and risk management · MLC-T-INS-003728

A graphical tool used to visualize and prioritize an organization's risks by plotting them on a two-dimensional grid. One axis represents the likelihood or frequency of a risk occurring, while the other axis represents the potential impact or severity of its consequences. Risks located in the high-likelihood, high-impact quadrant receive the most immediate attention for mitigation.

Table 1. Record
IdentifierMLC-T-INS-003728
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003728",
  "term": "Risk map",
  "field": "Insurance and risk management",
  "definition": "A graphical tool used to visualize and prioritize an organization's risks by plotting them on a two-dimensional grid. One axis represents the likelihood or frequency of a risk occurring, while the other axis represents the potential impact or severity of its consequences. Risks located in the high-likelihood, high-impact quadrant receive the most immediate attention for mitigation.",
  "url": "https://mlchart.com/terminology/insurance/risk-map/"
}

Record 3,020 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.