InfrastructureA proposed tsunami shelter is constructed to withstand a 12 meter, or 39 foot, tsunami. Models indicate that a tsunami larger than 12 meters will strike the area once every 1300 years. This risk is published to the community and accepted as part of the project approval process.
TransportationA jet engine has a historical failure rate of 0.4 per million departures. Regulators and customers generally view this as an acceptable level of risk.
BusinessA bicycle manufacturer depends on a single supplier for tires. Without a supply of these tires, production will cease and revenue will decline. The probability of a major supply disruption is forecast to be 0.6% per annum. The management of the company decide to accept this risk.
IndividualA snowboarder estimates a 20% chance of a broken bone in a season. They decide this is acceptable given the rewards they find in the sport.
|Overview: Acceptable Risk|
A risk exposure that is deemed acceptable to an individual, organization, community or nation.