Risk assessment methodology form

Use the Risk Assessment Methodology form in the Core UI to create a risk assessment methodology (RAM).

<table id=“table_aqy_k2x_rvb”><thead><tr><th>

Field

</th><th>

Description

</th></tr></thead><tbody><tr><td>

Name

</td><td>

Name of the risk assessment methodology. For example, Data Risk Evaluation.

</td></tr><tr><td>

Assess

</td><td>

Select the assessment context:- Risk - Object

</td></tr><tr><td>

Applicable entity classes

</td><td>

Unlock this field and add the entity classes for which you want to create the risk assessment methodology.

</td></tr><tr><td>

Workflows

</td><td>

Specify the assessments and workflow that are performed in the risk assessment methodology. Depending on the options selected, the corresponding assessment type and workflows are enabled.

</td></tr><tr><td class=“sub-head” colspan=“2”>

Rollup Configurations

</td></tr><tr><td>

Calculate ALE based on

</td><td>

Select the basis for calculating ALE:- Sum - Average - Maximum - Minimum

</td></tr><tr><td>

Calculate score based on

</td><td>

Select the basis for calculating score:- Average - Maximum - Minimum

</td></tr><tr><td class=“sub-head”>

Risk Response Configurations

</td><td>

Make the required selections.

</td></tr><tr><td class=“sub-head” colspan=“2”>

Business Rules and Validations

</td></tr><tr><td>

Final comment is required

</td><td>

Select the basis for final comment:- None - Always - On breach of appetite - On breach of tolerance

</td></tr><tr><td>

Automatically create issue

</td><td>

Select the basis for creating the issue automatically:- None - On breach of appetite - On breach of tolerance

</td></tr><tr><td class=“sub-head”>

Reference Information

</td><td>

Make the required selections.

</td></tr><tr><td class=“sub-head” colspan=“2”>

Other Configurations

</td></tr><tr><td>

Advance reminder (days)

</td><td>

Enter the number of days for which you want to set an advanced reminder.

</td></tr><tr><td>

Overdue reminder (days)

</td><td>

Enter the number of days for which you want to set an overdue reminder.

</td></tr><tr><td>

Risk identification

</td><td>

Select the basis for identifying risk:- None - From Library - Ad-hoc - From Library and Ad-hoc

</td></tr><tr><td>

Other options

</td><td>

Make the required selections for the remaining options.

</td></tr></tbody> </table>Parent Topic:Create a Risk Assessment Methodology