Add a Probability

Note: You should not create more than ten Probability records within a given Risk Matrix configuration. Creating more than ten Probability records will cause the Risk Matrix to become visually unusable (i.e., it will contain scroll bars, and the cells and text will be too small to read easily).

Steps

Access the Probability records associated with a Risk Matrix.
In the Probability heading, select .

An options menu appears.
If a Probability record already exists for the probability you want to associate with the Risk Matrix:
1. Select Link Existing Record.
  
  The Search window appears.
2. Enter search criteria to locate the record that you want to associate with the Risk Matrix.
3. Select the record, and then select OK.
-or-

If a Probability record does not already exist for the probability you want to associate with the Risk Matrix:
1. Select Add New Record.
  
  A blank datasheet for the new Probability record appears.
2. In the Name box, select a name from the list.
  
  The Description box is populated automatically with the description that corresponds to the name value that you selected.
  
  Note: The values that you can select in a new Probability record are determined by the MI_RISK_PROBABILITY System Code Table.
3. In the Alias box, if the Use Aliases? check box is selected in the associated Risk Matrix record, specify a value that you want to appear on the Risk Matrix in the column heading along with the consequence name.
4. In the Probability box, enter a number to indicate the likelihood that the risk will occur.
5. Select .
  
  Note: The Failure Interval and Failure Interval Units values are used only for a specific workflow within the Asset Strategy Optimization module.
Your changes are saved and can be viewed in the matrix on the Risk Matrix Preview window.