Risk Matrix Assessment
A structured framework for evaluating and communicating risks along two primary axes — probability of occurrence and severity of impact — producing a visual matrix that enables prioritization and resource allocation. The risk matrix is an industry-standard tool used across defense, aerospace, insurance, and policy domains. Its intellectual lineage runs from actuarial science through systems engineering (MIL-STD-882) to modern enterprise risk management (ISO 31000). In the space domain, it provides a common language for comparing heterogeneous risks — from orbital debris collision to regulatory disruption to cyberattack — on a single, comparable scale.
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