Chapter 7

Interpreting Results

Abstract

In this chapter, the authors discuss how to read and interpret the results of a FAIR analysis. Special attention is paid to understanding what the resulting numbers mean and how to explain them in plain language to business leaders. A discussion on the difference between quantitative and qualitative results is discussed and how there is a need for both in order to properly understand and discuss the results of a risk analysis. The chapter continues with a discourse on the nuances of using heatmaps for risk analysis and the role of risk tolerance and risk appetite. The chapter ends with some special case scenarios involving unstable and fragile risk conditions.

Keywords

interpreting risk; measures of central ...

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