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Risk assessment matrix for essential product requirements

The diagram shows a 5x5 risk assessment matrix with the likelihood from rare to almost certain on the x-axis and the potential damage from negligible to catastrophic on the y-axis. The diagonals give the resulting risk from very low to very high.

The risk assessment matrix shows five risk levels (the diagonals) from very low to very high. The risk levels are determined by five likelihood levels from rare to almost certain and by five damage levels from negligible to catastrophic.

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