Abstract
AbstractWe present a review of mathematical and engineering science foundation of the risk matrix (RM). The objective was to locate and evaluate information surrounding its use. RM is governed by number theory, set theory, metrology, and functional analysis, which explains the strengths and weakness of its use. Although incorrectly reported, ordinal multiplication rigidly sets the cell numeric allocation. No scientific support was found for changing the ordinal ranks, although one reduction is introduced. Existing evidence suggests that the RM is unreliable. An example is given. Suggestions for beneficial use of the RM are provided.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.