High-Consequence Event
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A High-Consequence Event is a critical event that can cause severe impacts (affecting system integrity or stakeholder value).
- Context:
- It can trigger Major System Change through impact cascades.
- It can necessitate Rapid Response through emergency protocols.
- It can require Critical Decision Making through risk assessments.
- It can impact System Continuity through disruption mechanisms.
- It can affect Stakeholder Trust through reputation impacts.
- ...
- It can often demand Resource Mobilization through emergency allocations.
- It can often initiate Crisis Management through incident responses.
- It can often require Stakeholder Communication through notification systems.
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- It can range from being a Localized Incident to being a System-Wide Crisis, depending on its impact scope.
- It can range from being a Short-Term Disruption to being a Long-Term Catastrophe, depending on its temporal impact.
- It can range from being a Recoverable Event to being an Irreversible Event, depending on its damage severity.
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- It can have Impact Assessment for consequence evaluation.
- It can require Mitigation Strategy for damage control.
- It can trigger Recovery Plan for system restoration.
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- Examples:
- Technical Events, such as:
- Operational Events, such as:
- Process Failures, such as:
- Regulatory Violations, such as:
- ...
- Counter-Examples:
- Minor Incident, which lacks significant system impact.
- Routine Event, which lacks critical consequences.
- Regular Maintenance Event, which has controlled impacts.
- See: Event Management, Risk Assessment, Impact Analysis, Crisis Response, System Recovery.