First, we discussed the five different levels of likelihood. They are: low, likely, possible, elevated and extreme.
Then, we were given a range of different situations that have a possibility of risks. We identified how likely the risks were to happen by using the five different levels of likelihood. We also listed risks that could happen.
After that, we came up with our own situations and discussed the likelihood of a risk. Then we wrote down the risks that could happen.
We enjoyed this task and found it difficult to identify the right likelihood of a situation. The purpose of this activity is to understand how likely a risk is to happen by knowing the circumstances of a situation.
LI: to assess the likelihood.
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