Episode 93 - 4 x 4 Risk Assessment Matrix

In today's episode, Dr. Ayers discusses a 4x4 risk assessment matrix.  Activity severity (consequence) and frequency are discussed, and practical examples are given. The 4x4 matrix is used to assess and prioritize risks by placing each identified risk in the appropriate cell based on its likelihood and severity. This allows for a more detailed analysis of risks and helps organizations allocate resources and efforts effectively to manage these risks.