Risk assessment expert witnesses may testify on the risk management process, risk analysis, enterprise risk management, and associated matters. In Uncertainty in Probabilistic Risk Assessment: A Review, A.R. Daneshkhah writes:
Risk assessment is widely recognized as a systematic process for quantitatively (or qualitatively) describing risk. Risk is commonly described as a combination of the likelihood of an undesirable event (accident) occurring and its consequences. Alternatively, Kaplan (1997) expressed risk as a mathematical combination of an accident’s event probability of occurrence and the consequence of that event should it occur.
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