Risk Records

The following table provides an alphabetical list and description of the fields that exist in the Risk family. The information in the table reflects the baseline state and behavior of these fields.

This family is enabled for site filtering, which means that records in this family can be assigned to a specific site, and will then only be accessible to users who are assigned to the same site and have the appropriate license and family privileges. See the Site Filtering section of the documentation for more information on using this feature.

Field

Data Type

Description

Behavior and Usage

Main
Description Text A description for the risk. This is not a required field.
Financial Risk Numeric The numeric value for the total unmitigated financial risk for the asset. This value is calculated from the risk assessment performed by the user on the risk matrix.
Name Text A name for the risk.

This is a required field.

Risk Basis Text The basis for the risk being created. This is not a required field.

Risk ID

Character The ID of the risk. Populated automatically from the name of the associated strategy when the risk is created.
Risk Rank Numeric The numeric value for the total unmitigated risk across all categories for the asset. This value is calculated by APM. The calculation is done based on the user-provided values in the unmitigated risk assessments performed on the risk matrix.
Detail
Condition Text The condition of the associated asset.

This is not a required field.

Failure Cause Text The cause of the failure. This is not a required field.
Failure Mode Text The failure mode linked to the risk. This field is automatically populated with the failure mode associated with the asset strategy.
Maintainable Item Character An item from an EAM system, failure codes, etc. This value is based on an indexing system outside of GE Digital APM, and therefore must be entered manually.
PF Interval Numeric The interval value for potential to failure of the asset. Enter the number of the interval to be combined with the PF Interval Units.
PF Interval Units List Unit of measurement for the potential to failure of the asset.

The field will contain one of the following values:

  • Minutes
  • Hours
  • Days
  • Weeks
  • Months
  • Years

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