Matrices for risk analysis:

NFPA 551 describes a technique of using matrices for risk analysis.  Such matrices are quite commonly used in the UK for assessing risk but, fortunately, they are falling out of use as people realise that the assessment of risk that they supposedly illustrate is usually incorrect.

Below is the matrix from NFPA 551 with its associated tables.

Posted Date: 10/22/2012 5:48:24 AM | Location : United States

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