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How reliable is the risk modeling?

modeling risk
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How reliable is the risk modeling?

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The IPET realized there would be uncertainties with the risk assessment. One of the reasons for the delay in the release of the risk information was a result of the thorough validation process that was done on all of the components of the risk assessment. This is the prototype risk assessment for the hurricane protection system, and IPET wanted it to be as reliable as possible. Uncertain information will be presented in a range, such as plus or minus one foot, for products that depict a chance of flooding. Any uncertainty factors will be stated in the risk assessment products.

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