Difference between revisions of "Annualised Loss Exposure or Expectancy (ALE)"
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|'''1.''' Annualised Loss Exposure or Expectancy (ALE) is the total amount of money that an [[organization]] will lose (exposed) in one year if nothing is done to mitigate the [[risk]]. | |'''1.''' Annualised Loss Exposure or Expectancy (ALE) is the total amount of money that an [[organization]] will lose (exposed) in one year if nothing is done to mitigate the [[risk]]. | ||
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[[Category:BCM Institute Glossary]] | [[Category:BCM Institute Glossary]] |
Revision as of 02:15, 28 October 2020
1. Annualised Loss Exposure or Expectancy (ALE) is the total amount of money that an organization will lose (exposed) in one year if nothing is done to mitigate the risk.
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2. A Risk Management method of calculating loss based on a value and level of frequency.
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