“Thresholds that divide the risk plot matrix or table into acceptable and unacceptable regions of risk can be developed. Corporate safety and financial policies and constraints or risk criteria influence the placement of the thresholds.”
This confirms that risk thresholds define boundaries between acceptable and unacceptable regions, not simply levels of consequence or probability.
[Reference: API 580, 2nd Edition (2016), Section 11.7, —]
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