Definition(s)

Sensitivity Analysis

Process to determine how outputs of a methodology differ in response to variation of the inputs or conditions.

Sample Usage: The sensitivity analysis showed that the population variable had the largest effect on the output of the model.

Annotation:

  1. When a factor considered in a risk assessment has uncertainty, sensitivity analysis examines the effect that the uncertainty has on the results.
  2. A sensitivity analysis can be used to examine how individual variables can affect the outputs of risk assessment methodologies.
  3. Alternatively, sensitivity analysis can show decision makers or evaluators the impact or predicted impact of risk management alternatives.

Source: DHS Risk Lexicon, U.S. Department of Homeland Security, 2010 Edition. September 2010 Regulatory Guidance

 

Sensitivity Analysis

Sensitivity analysis means an analysis to determine the effect of changes in individual input parameters on the results of a given model or calculation method.

Source: IMO MSC.1/Circ.1002, Guidelines on alternative design and arrangements for fire safety, 26 June 2001, International Maritime Organization. Regulatory Guidance

Source: IMO MSC.1/Circ.1212, Guidelines on alternative design and arrangements for SOLAS chapters II-1 and III, 15 December 2006, International Maritime Organization. Regulatory Guidance

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