Risk and Uncertainty


A probability or threat of damage, injury liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through pre-emptive action. A risk is not an uncertainty.


It is where neither the probability nor the mode of occurrence is known. It is unknown unknowns according to Donald Rumsfed.


It is defined as unknown knowns according to Donald Rumsfed. We know but we choose to unknow them.

Featured Posts
Posts Are Coming Soon
Stay tuned...
Recent Posts
Search By Tags
No tags yet.
Follow Us
  • LinkedIn Social Icon
  • Twitter Basic Square

(CC) BY Tung Lam HKN

This license lets others distribute, remix, adapt, and build upon your work, even commercially, as long as they credit you for the original creation. This is the most accommodating of licenses offered.

Recommended for maximum dissemination and use of licensed materials.