10.1.2.2 Key Code: rm
10.1.2.2a Key Code Symbol:
10.1.2.2b Key Code Label:
10.1.2.2c Key Code Mnemonic:
10.1.2.2d Key Code Title: Risk Margin
10.1.2.3 Abstract: Risk Margin is the expected value of the sumproduct of the weighted risks which can be monetized in terms of loss or gain for the product - including
- safety risk: This is a highly weighted evaluation of the product of the chance of lost human life or injury to humans as indicated by the frequency of events and the impact of each event - monetized in terms of historical evaluations. (eg: what did the Chernobyl events "cost"? Bhopal? 911? most highway accidents? most airplane crashes? - how much should have been spent to avoid the totals of each of them as a single design fix?)
- environmental risk: This a lesser weighted evaluation based on short term and long term environmental impacts - especially socially popular wones.
- social risk: This risk is largely to brand recognition and goodwill - with implications for sales and market evaluations.
- litigation risk: this is the expected costs of lawsuits and possible fines for non-compliance of debatable legal matters - not the non-debatable ones.
- evaluation risk:
- cash flow risk
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10.1.2.4 Key Code Units %
10.1.2.5 Key Code Function
10.1.2.6 Key Code Derivation
10.1.2.7 Related Codes
-10.1.2.7a Defining codes
10.1.2.7b Derived codes
10.1.2.8 XML configuration
10.1.2.9 Technical Authority: RAM sigmaster
10.1.2.10 Signing Authority: Senior Reliability Engineer
10.1.2.11 Citations: none
10.1.2.12 Tutorial
10.1.2.13 Revision History
10.1.2.14 Security Classification