View source for Risk Evaluation

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| '''1.''' Risk Evaluation is the [[Process|process]] used to compare the estimated [[Risk|risk]] against the given [[Risk|risk]] criteria so as to determine the significance of the [[Risk|risk]]. 
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'''''Note''''': Risk evaluation may be used to assist in the decision to [[Risk_Treatment|risk treatment]].

'''Related Terms''': [[Risk_Appetite|Risk Appetite]], [[Risk_Likelihood|Risk Likelihood]], [[Risk_Impact|Risk Impact]], [[Risk_Rating|Risk Rating]], [[Risk_Assessment|Risk Assessment]], [[Risk_Level|Risk Level]], [[Period_of_Disruption|Period of Disruption]]

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[[File:ISO31000 Risk Management Process.png|thumb|right|300px|Risk Evaluation as part of the ISO31000 Risk Management Framework]]

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'''2.''' Process of comparing the results of risk analysis (2.21) with risk criteria (2.22) to determine whether the risk (2.1) and/or its magnitude is acceptable or tolerable
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'''''Notes (1)'''''&nbsp;: Risk evaluation assists in the decision about risk treatment (2.25).

[ISO Guide 73:2009, definition 3.7.1]

{{ISO 31000 Source}} - clause 2.24

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| '''3.''' The process of determining the significance of risk. 
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