Canon - Risk Assessment

definition

Risk assessment is a clearly defined technical term in the context of sensor technology, decision-making systems, or the wine market.

Uncertainty model

Risk assessment is described as an independent quantity within a consistent framework, whose internal criteria are defined independently of recommendation, application, or evaluation.

Demarcation

  • Risk assessment ≠ an adjacent, but not identical, concept
  • Conceptual definition ≠ subjective preference