Probability
| 1. Probability is the likelihood that an event will occur.
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(Source: Business Continuity Management Institute - BCM Institute) |
2. The chance of a risk occurring.
(Source: Business Continuity Institute - BCI)
3. A measure of the chance of occurrence expressed as a number between 0 to 1.
(Source: Australia. A Practitioner's Guide to Business Continuity Management HB292 - 2006 )
