Risk Rank records are used to determine a single instance of risk for a specific category within a Risk Assessment. This topic provides an alphabetical list and description of the fields that exist for the Risk Rank family and appear on the Risk datasheet. The information in the table reflects the baseline state and behavior of these fields. This list is not comprehensive.
Field |
Data Type |
Description |
Behavior and Usage |
---|---|---|---|
Category | Character | The ID of the Risk Category record used to assess the Risk. |
The value in this field is populated automatically with one of the following values:
|
Consequence | Numeric |
A numeric value representing the severity of the consequence. |
The value in this field is populated based on the selections made on the Risk Assessment window. |
Financial Impact | Numeric | The estimated monetary value attributed to a specific Risk Category. |
A value is not required. The value in this field can be configured to appear on the Risk Matrix. The default label on the Risk Matrix is Unmitigated Financial Impact. |
Probability | Numeric |
A numeric value representing the probability that the risk will occur. |
The value in this field is populated based on the selections made on the Risk Assessment window. |
Risk | Numeric | Specifies the total risk of the assessment. |
The value in this field appears at the top of the Risk Matrix and is calculated as follows: Risk = Probability x Consequence |
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