FAIR Institute Blog

Teresa Suarez

Teresa Suarez is a Risk Consultant for RiskLens

Recent Posts

A Crash Course on Capturing Loss Magnitude with the FAIR Model

[fa icon="calendar'] Oct 20, 2017 2:32:01 PM / by Teresa Suarez posted in FAIR, Risk Management

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In the FAIR model for risk analysis, Loss Magnitude—i.e. the monetary impact of a loss event—is bucketed in six Forms of Loss: Productivity, Response, Replacement, Competitive Advantage, Fines & Judgements, and Reputation.

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