Meaning of RISK ANALYSIS in English

An analytical technique in which the probabilities of occurrence of an adverse event (e.g., drought, hurricane, drop in the market price of a product) are estimated for each critical element of a project. Repeated calculations (normally by computer) are then made of a measure of the value of the project, with each element entering into successive computations according to the probability of its occurrence. FAO (1993)

Fishery English glossary.      Английский глоссарий рыболовства .