Key terms and concepts in early warning systems and operational risk management.
The principle that the system decides when to warn, while humans decide what action to take.
The historical reference point used to determine what normal looks like for a signal.
The requirement for multiple independent signals to agree before issuing a warning.
A measurable signal used to detect change, instability, or emerging risk.
The evidence trail showing how raw data leads to an evaluation, posture change, or warning.
A summarized system state such as GREEN, AMBER, or RED that reflects current risk conditions.
A system output indicating that conditions have crossed a threshold requiring human attention.