About the Risk Assessment Window

This documentation uses the term Risk Assessment window to refer to the window that displays the Risk Matrix and other risk information, and which can be accessed in various places throughout the GE Digital APM application. The actual name of the window that appears in the application may be Unmitigated Risk Assessment or Mitigated Risk Assessment, depending on how you accessed the window. Various aspects of the window, including its name, may be customized by an administrative user.

Note: For details on accessing the Risk Assessment window using a particular module, see the documentation for that module.

The following image illustrates what the Risk Assessment window looks like when accessed from Asset Criticality Analysis.

The Risk Assessment window contains different items depending upon how you access it. The following table describes the possible items that you might see on the Risk Assessment window.

Item

Description

Notes

Risk Of section

Displays the name of the risk.

An administrative user can modify the label of this section using the Risk Matrix datasheet.

Unmitigated Risk Rank section

Displays a value that is calculated based on the sum of the unmitigated risk values, which are represented by a  icon on the matrix.

The value in the Unmitigated Risk Rank section is a sum of all of the values on the tabs on the Risk Matrix, multiplied by the appropriate weight and protection level factor (the weight and the protection level factor are configured in Risk Category records and Protection Level records).

If the Risk Matrix is configured to use the maximum risk rank, this value is the greatest of all the risk values, not the sum.

An administrative user can modify the label of this section using the Risk Matrix datasheet.

Mitigated By section

Displays the name of the action or the recommendation that mitigates the risk.

An administrative user can modify the label of this section using the Risk Matrix datasheet.

Mitigated Risk Rank section

Displays a value that is calculated based on the sum of the mitigated risk values, which are represented by a icon in the matrix.

For a given risk, the mitigated risk rank will be lower than the unmitigated risk rank.

The value in the Mitigated Risk Rank section is a sum of all of the values on the tabs on the Risk Matrix, multiplied by the appropriate weight and protection level factor (the weight and the protection level factor are configured in Risk Category records and Protection Level records).

If the Risk Matrix is configured to use the maximum risk rank, this value is the greatest of all the risk values, not the sum.

An administrative user can modify the label of this section using the Risk Matrix datasheet.

Risk Matrix

Contains a series of tabs that contain a matrix, where you can make selections that the GE Digital APM system will use to calculate the overall risk rank.

For details about the Risk Matrix, see the topic About the Risk Matrix.

Legend

Displays the icons that are used to represent mitigated risk values and unmitigated risk values in the matrix.

None

Basis for Assessment section

An explanation of the current risk assessment.

None

Save button

Saves any changes you have made using the Risk Assessment window.

None

Cancel button

Closes the Risk Assessment window, discarding any changes you have made.

None

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