Overview

Risk Settings provide the users with the ability to adjust various settings used for Operational, Project & Strategic Risks. It comprises a range of screens which can be utilised by the Risk Manager to define variables and criteria utilised in the risk assessment process.

The following can be configured using 'Risk Settings':

Tab Name	Purpose
Initial Settings	Configure various system options
Criteria	Enable users to set up the calculations for initial, revised and future risk assessments.
Rating Type	Allows definition of risk ratings based on your risk matrix.
Calculations	Enable users to set up the calculations for initial, revised and future risk assessments.
Categories	Define categories for enhanced filtering, analysis and reporting.
Treatment	Setup different risk treatment types
Sequence	Setup an automatic numbering system for risk assessments
Consequence Table	Setup a consequence reference grid
Likelihood Table	Setup a likelihood reference grid
Risk Templates	Define templates to save time when creating large numbers of assessments.
Legislation and Business Process	Define legislations and business processes which can be linked to risks.
Risk Fields	Customise the fields which are made visible within the different phases of risk assessments
Review Frequency	Setup custom frequencies which can be used for email notifications and alerts.
Custom Lists	Customise the dropdown list available in the Risk Fields area.

Note: If the 'Security to view risks' setting is ON, this tab will not be active for the users who doesn't have create/edit permissions.

Last revised: November 26, 2017