| Almost Certain 5 |
| Likely 4 |
| Possible 3 |
| Rare 2 |
| Unlikely 1 |
| Likelihood | Qualitative Measures | Frequency Measures |
|---|---|---|
| Almost Certain (5) | Event will occur in most circumstances | Expected in next 3 months / occurred in last 3 months |
| Likely (4) | Event will probably occur in most circumstances | Expected in next 6 months / occurred in last 6 months |
| Possible (3) | Event should occur in some circumstances | Expected in next 12 months / occurred in last 12 months |
| Rare (2) | Event could occur in some circumstances | Expected in next 36 months / occurred in last 36 months |
| Unlikely (1) | Event may occur in some exceptional circumstances | Not expected in next 36+ months / not occurred in last 36+ months |
| Likelihood | Qualitative Measures |
|---|---|
| Insignificant (1) | Little or no impact on achieving outcome objects |
| Minor (2) | Minor impact on achieving desired results to the extent that one or more stated outcome objectives will fall below goals but well above minimum acceptable levels |
| Medium (3) | Moderate impact on achieving desired results to the extent that one or more stated outcome objectives will fall well below goals but above minimum acceptable levels |
| Significant (4) | Significant impact on achieving desired results to the extent that one or more stated outcome objectives will fall below acceptable levels |
| Catastrophic (5) | Severe impact on achieving desired results to the extent that one or more of its critical outcome objectives will not be achieved |
5
