What is known Cannot be unknown?
“For once a thing is known, it can never be unknown. It can only be forgotten.”
Who said there are known knowns?
“There are known knowns” is a phrase from a response United States Secretary of Defense Donald Rumsfeld gave to a question at a U.S. Department of Defense (DoD) news briefing on February 12, 2002, about the lack of evidence linking the government of Iraq with the supply of weapons of mass destruction to terrorist …
How do you deal with unknown unknowns?
Handling the ‘Known Unknowns’ and ‘Unknown Unknowns’
- Identify. OverOps identifies every error, irrespective of whether they are reported or not.
- Prevent. OverOps provides the ability to prevent bad code from being promoted into production by using quality gates as part of your CI/CD process.
- Resolve.
What are unknown risks?
Unknown risks are unidentified because they are not known until they happen. It’s nearly impossible to formulate a response plan for these risks. You are unable to manage these risks proactively since they are not determined during the planning phase. Unknown risks are primarily managed through the workaround.
What are the factors that are used to categorize risk?
Identification of Risk Factors
- Technical Risk. Technical risks are those events or issues associated with the scope definition, research and development (R&D), design, construction, and operation that could affect the actual level of performance vs.
- Schedule Risk.
- Cost Risk.
- Funding Risk.
What increases credit risk?
Several major variables are considered when evaluating credit risk: the financial health of the borrower; the severity of the consequences of a default (for the borrower and the lender); the size of the credit extension; historical trends in default rates; and a variety of macroeconomic considerations, such as economic …
What is credit risk rate?
Credit risk is a measure of the creditworthiness of a borrower. In calculating credit risk, lenders are gauging the likelihood they will recover all of their principal and interest when making a loan. Borrowers considered to be a low credit risk are charged lower interest rates.