Preservation Risk Score Likelihood x Impact Calculator

Compute caller calibrated marginal expected losses and review flags; summed losses assume compatible additive outcomes and do not combine event probabilities or establish preservation safety.

Description

Expected preservation loss combines a hazard probability with the loss if that hazard occurs.

Expected preservation loss combines a hazard probability with the loss if that hazard occurs. Keeping separate hazards visible avoids confusing a sum of expected losses with a probability that any hazard occurs.1

Compute caller calibrated marginal expected losses and review flags; summed losses assume compatible additive outcomes and do not combine event probabilities or establish preservation safety.

When to use Preservation Risk Score Likelihood x Impact Calculator

Use this tool to compute caller calibrated marginal expected losses and review flags; summed losses assume compatible additive outcomes and do not combine event probabilities or establish preservation safety.

Prepare the inventory, measurements or policy dates for the collection and reporting period. Confirm units, record order and any independently established thresholds or permissions.

How to use Preservation Risk Score Likelihood x Impact Calculator and understand its results

  1. Prepare the inventory, measurements or policy dates for the collection and reporting period. Confirm units, record order and any independently established thresholds or permissions.
  2. Enter callerHazardProbabilities, callerLossValuesIfHazardOccurs, callerRiskReviewThreshold using the field table and calculation rules, then run the tool.
  3. Read expectedLossByHazard, aboveCallerRiskReviewFlags, sumOfDeclaredExpectedLosses. The explanation below defines the units, signs, ordering and any flags or placeholder values.
  4. If the tool reports an input issue, correct the values and run it again. Apply the stated assumptions when interpreting a successfully returned result.
Input fieldMeaningValue type; see rules belowRequirement
callerHazardProbabilitiesCaller hazard probabilitieslist of numberRequired
callerLossValuesIfHazardOccursCaller loss values if hazard occurslist of numberRequired
callerRiskReviewThresholdCaller risk review thresholdnumberRequired

Pair hazard probabilities in [0,1] with nonnegative loss values on one comparable basis, and supply a nonnegative review threshold. Return each expected loss, strict above-threshold binary flags and their sum. A value equal to the threshold does not receive an above-threshold flag.

Paired lists must be nonempty and have equal lengths.

expectedLoss_i = probability_i × lossIfOccurs_i; total = Σ expectedLoss_i

Units, indexing, boundary conditions and exceptional cases are defined in the calculation rules above.

Output fieldMeaningValue type
expectedLossByHazardExpected loss by hazardlist of number
aboveCallerRiskReviewFlagsAbove caller risk review flagslist of number
sumOfDeclaredExpectedLossesSum of declared expected lossesnumber
json
{
  "input": {
    "callerHazardProbabilities": [
      0.1,
      0.2
    ],
    "callerLossValuesIfHazardOccurs": [
      100,
      200
    ],
    "callerRiskReviewThreshold": 20
  },
  "output": {
    "expectedLossByHazard": [
      10,
      40
    ],
    "aboveCallerRiskReviewFlags": [
      0,
      1
    ],
    "sumOfDeclaredExpectedLosses": 50
  }
}

Limitations and assumptions

The probabilities, valuation and threshold are caller estimates. Additive losses require compatible outcomes and must not double-count overlapping consequences. No preservation safety verdict or combined event probability is calculated.

Numeric inputs must be finite. Follow the calculation-specific rules for overflow, underflow and exceptional cases. Numeric lists are limited to 100,000 entries; the rules above may require smaller limits. Missing required fields, extra fields, wrong value types and violations of the calculation rules are input errors.

Alternative or Complementary methods

Use Salvage Priority Rank by Format Value Matrix Resolver: Rank explicit object format/value policy cells with stable ties; no invented significance, treatment feasibility or permission to expose staff to unsafe salvage conditions. For a complementary task, use Collecting Gap Priority Matrix Cell Resolver: Resolve independently classified collecting gaps against caller explicit priority matrix without inventing classifications, thresholds or collecting mandates.

References

  1. Preservation Risk Score Likelihood x Impact Calculator — tool.io

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