Risk Identification Efficiency

Risk Identification Efficiency is the ratio of Number of Risk identified to sum of Number of Risk identified and Number of Risk occurred in a project. It determines the efficiency of identifying risk in a project. It helps in planning for the mitigation and contingency to be carried out in a project.

Risk Identification Efficiency is calculated at overall project level.

How to calculated Risk Identification Efficiency:

Risk Identification Efficiency % = (Total no. of Risks Identified) / (Total no. of Risks Identified + Total no. of Risk occurred) * 100

Total no. of Risks Identified	Total no. of Risk occurred	Risk Identification Efficiency %
9	6	60

 

Risk Identification Efficiency % = 9 / (9 + 6) *100

                                                     = 60 %