Accident - An unexpected happening causing loss or injury; refers primarily to vessel damage in the context of maritime risk analysis
Category: - Risk

Aggregate - To gather into a sum, or whole, such as merging data sets, or adding up consequences
Category: - Risk

Alternatives - Two or more feasible options when making a decision
Category: - Risk

Benefit - The degree to which effects are judged desirable
Category: - Risk

Bias - Any difference between the true value and that actually obtained due to all causes other than sampling variability
Category: - Risk

Canadian Operational Research Society - The Canadian Operational Research Society (CORS) works to advance the theory and practice of O.R. It's primary purpose is to stimulate and promote contacts between people interested in the subject.
Category: - Risk

Consequence - The positive or negative outcome of decisions, events or processes. Risk events create consequences
Category: - Risk

Correlation - A parameter related to covariance that indicates the tendency for two random variables to "move together" or "co-vary."
Category: - Risk

Criterion - Characteristic or dimension that is used to evaluate the quality of a decision
Category: - Risk

Dangerous Liquids - Liquids giving off inflammable vapors.
Category: - Risk