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Risk rating matrix

This table shows how the risk rating is generated i.e. by plotting the impact of an event against the likelihood of it occurring.

Impact Catastrophic
(5)
Medium High Very High Very High Very High
Significant
(4)
Medium High Very High Very High Very High
Moderate
(3)
Medium Medium High High High
Minor
(2)
Low Low Medium Medium Medium
Insignificant
(1)
Low Low Low Low Low
  Negligible (1) Rare (2) Unlikely (3) Possible (4) Probable (5)
Likelihood