4 x 3 risk matrix


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  • What is a 3x3 risk matrix?

    A 3x3 risk matrix is a tool used to assess risks based on their likelihood and impact.
    It consists of three levels each for likelihood and impact, resulting in nine combinations that categorize risks into different levels of severity.
    Here's an example: Likelihood: Low, Medium, High.

  • What is the risk rating for 3 and 4 mean?

    A 3×3 risk matrix has 3 levels of probability and 3 levels of severity.
    For example, a standard 3×3 risk matrix contains the following values: Severity: Low: The hazard may either be controlled or would commonly result in less than minor, illness, injury, or system damage.

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