Oxford Risk Rating
Glossary
Risk profile
An analysis representing the extent to which a person exhibits various characteristics in relation to perception, attitude, decision-making and behaviour towards risk.Whether you prefer to play it safe or take a chance, risky decisions have consequences.
Some people thrive on risk, and may achieve great things. Some are more cautious, and tend to avoid taking risks – possibly at the expense of missed opportunities. And others take risks that result in catastrophe. Identifying these personal tendencies and characteristics in yourself, and in others, can have many benefits.
Oxford Risk Rating establishes a person’s risk profile by assessing their attitude towards risk at work and analysing their ability to calculate risk. Together these measures determine the level of comfort with which the person takes risks, and their degree of competence at taking risky decisions.
Oxford Risk Rating is accessible online and delivers a unique user experience. Despite its underlying complex mathematics and rigorous scientific method, it is simple to do and easy to understand.