Develop a risk assessment criterion that

will be utilised for the risks identified in

$(1\mathrm{.}2)$ above. This should present a form of

measurement that will be used when

comparing and aggregating risks across

the organisation. Your response should

define scales for rating the risks and these

should comprise rating levels and

definitions that foster consistent and

application by different stakeholders.

Scales should allow meaningful and

differentiation for ranking and prioritisation

purposes.

Student response should include the

following.

$$ Risk measurement scales for

qualitative risks should be

provided.

$$ Risk measurement scales for

quantitative risks should be

provided.

$$ The following categories should

be noted in compiling your risk

register. $[$Risk Category$|$ Risk Subcategory $|$Description$|$ Cause$|$

Owner$]$