Overview

The Risk Settings provide the users with the ability to adjust various settings used for Operational, Project and 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, Current 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, Current 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.
Custom Controls	Edit various fields within the Risk Review tab.
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.
Field Configuration	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.

Last revised: September 23, 2018