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9 Special Risks John Spacey, updated on
Special risks are a category of risk that are difficult to manage for one reason or another. The following are examples.
Dread RiskA risk that is associated with strong emotions such as fear or protective instincts. People commonly want to drive dread risks towards zero even if its extraordinarily expensive.Existential RiskA global risk to quality of life.Force MajeureA large scale negative event that you have no power to stop such as a storm, earthquake or war.Infinite RiskA theoretical type of risk that can be used to explain why it makes sense to manage existential risks even if their probability is very small.Passive RiskThe idea that inaction is often as much of a risk as action. People tend to associate risk with action and passive risk is often neglected.Positive RiskIn many industries it is common to treat opportunities as positive risk. Many individuals find this term absurd or difficult to embrace because they think of risk as exclusively negative.Residual RiskThe risk that remains after you have managed risk. It is usually impossible to reduce risk to zero.Secondary RiskA risk that results from efforts to reduce risk.Tactical RiskRisks associated with decisions that occur at high speed.RisksThis is the complete list of articles we have written about risks.If you enjoyed this page, please consider bookmarking Simplicable.
Existential RiskAn overview of existential risk.Business RisksA list of common business risks.Risk TreatmentThe five things that can be done about risk.Risk Management Effectiveness
A metric for measuring risk management.
Positive RiskThe potential that you'll achieve too much of a good thing.Risk TakingThe definition of risk taking with examples.Risk ExamplesA list of risk examples by type.Risk Probability vs Risk ImpactThe two main factors in modeling a risk.Calculated RiskA definition of calculated risk with an example.Relative Risk
How to calculate relative risk with examples.
Risk ManagementAn overview of the risk management process.
Cascading Failure vs Resilience
An overview of cascading failure and resilience.
Business As Usual
An overview of business as usual.
Risk MitigationA list of techniques for reducing risk.Risk Mitigation vs Risk Reduction
The difference between risk mitigation and risk reduction.
Risk ControlA list of common risk controls.Risk Value
A definition of risk value with example calculation.
Risk ImpactThe common types of risk impact.Risk CommunicationA definition of risk communication with examples.Risk Management ProcessOverview of the steps in a risk management process.TrendingThe most popular articles on Simplicable in the past day.New ArticlesRecent posts or updates on Simplicable. Site Map
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