Software

Need for speed in COVID–19 digital contact tracing

Australia's COVIDSafe app needs to be faster and have higher uptake rates to be effective as the nation's digital contact tracing solution, according to a working paper released by The University of Queensland's Institute ...

Energy & Green Tech

Nuclear becomes latest round in energy wars

The government has formally reopened the highly contentious debate on nuclear power by referring the issue to a parliamentary committee, with it to report by the end of the year.

Energy & Green Tech

Serving up renewable energy

As decisions about nuclear power installations, wind farms, solar plants, and other energy sources are being discussed, new research published in the International Journal of Business Continuity and Risk Management, reviews ...

Business

China's Huawei says sales down but new ventures growing

Chinese tech giant Huawei said Friday its revenue fell in the first half of 2022 but new ventures in autos and other industries helped to offset a decline in smartphone sales under U.S. sanctions.

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Risk

Risk is a concept that denotes the precise probability of specific eventualities. Technically, the notion of risk is independent from the notion of value and, as such, eventualities may have both beneficial and adverse consequences. However, in general usage the convention is to focus only on potential negative impact to some characteristic of value that may arise from a future event.

RISK can be defined as “the threat or probability that an action or event will adversely or beneficially affect an organisation's ability to achieve its objectives”[1]. In simple terms risk is ‘Uncertainty of Outcome’, either from pursuing a future positive opportunity, or an existing negative threat in trying to achieve a current objective.

This text uses material from Wikipedia, licensed under CC BY-SA