Define Risk Assessment Levels
Explanation
This activity is used to establish levels and define details on a particular
level based on which a risk can be assessed. These levels are used to give an indication of the
severity of the risk.
Assessment Levels encompass a risk assessment level ID, a risk min
which is a threshold for
calculating the relevant descriptive level and a risk assessment level
which is a description given to the severity.
Prerequisites
None
System Effects
On defining a risk assessment level here it becomes available within a List
of Values.
Window
Risk Basic
Data
Related Window Descriptions
Risk Basic Data/Risk Assessment
Levels
Procedure
Use the following procedure to create a risk assessment level:
- Open the Risk Basic Data window, and select the
Risk Assessment Levels tab.
- Click New (F5) to create a new record.
- In the Risk Assessment Level ID field, enter a number that you want to assign
as the ID for the particular record.
- In the Risk Min field, enter a value that the risk assessment
level record should take.
- In the Risk Assessment Level field, enter a description for the
level you want to add. (e.g. Trivial, Minor, Moderate, Important, Serious,
Critical)
- Click Save.