High Likelihood: Will frequently occur (between 10% and 100%).Medium Likelihood: Will sometimes occur (between 1% and 10%).Low Likelihood: Will seldom occur (between 0.1% and 1%).Minimum Likelihood: Will almost never occur.Here we will use an ordinal scale from A to E (or 1 to 5). Now let’s say we have components that must comply with ECSS Standards. High Likelihood: Estimation crashes more than 10% of the time.Moderate Likelihood: Estimation crashes 5-10% of the time.Low Likelihood: Estimation it crashes less than 1% of the time.Let’s say we have an important meeting with a client and our computer has crashed before, so it is likely to crash again. There is no precise answer, as it may depend on the industry, company, and situation. ![]() Travelling to Mars has many Risks, more ships will decrease the likelihood of failure of the whole project.
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