One of the first things I learned about risk was that every risk has both a probability less than 100%, as well as an impact on at least one objective. Some of my risk colleagues talked about risks with 100% probability, but I disagreed with them. As I've discovered more about risk, I've realised that my colleagues were right! There are risks with 100% probability of occurrence. In other words, they are either happening now or they are certain to happen in future.
This resource is only available to our paid members. You can Join Us or Sign in to get access to this resource.