Risk Likelihood
Last updated: November 12, 2025
This article explains how to assess and score the likelihood of a risk occurring within Mycroft. Likelihood scoring helps quantify how probable it is that a risk will materialize, supporting more accurate risk prioritization and mitigation planning.
Risk Score | Likelihood |
1 | Rare: Very unlikely to occur, perhaps once in 10+ years. |
2 | Unlikely: Not expected to happen but possible, maybe once in 5-10 years. |
3 | Possible: Could occur at some point, perhaps annually. |
4 | Likely: Will probably occur in most circumstances, maybe several times per year. |
5 | Almost Certain: Expected to occur frequently, perhaps monthly or more often. |
Each risk should be assigned a likelihood rating based on historical data, control effectiveness, and expert judgment to support consistent and objective risk scoring.
