13 February 2016

♜Strategic Management: Risk Threshold (Definitions)

"Risk limits to be approached, but not exceeded." (Annetta Cortez & Bob Yehling, "The Complete Idiot's Guide® To Risk Management", 2010)

"Measure of the level of uncertainty or the level of impact at which a stakeholder may have a specific interest. Below that risk threshold, the organization will accept the risk. Above that risk threshold, the organization will not tolerate the risk." (For Dummies, "PMP Certification All-in-One For Dummies" 2nd Ed., 2013)

"The level of risk exposure above which risks are addressed and below which risks may be accepted." (Project Management Institute, "A Guide to the Project Management Body of Knowledge (PMBOK® Guide )", 2017)

"The level of risk beyond which an adversary is unwilling to go when considering an attack on a target." (O Sami Saydjari, "Engineering Trustworthy Systems: Get Cybersecurity Design Right the First Time", 2018)

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