Customising Likelihood, Impact and Risk Ratings

You can customise likelihood, impact and risk ratings via custom data. To change these values, head to Custom Data > Risk Assessment Custom Attributes table.

Likelihood

Double click on the likelihood record and the custom data modal will appear.

Update the likelihood, label and description by double-clicking on the value. Then hit Update to save the changes. 

Update all the values as necessary.

Impact

Double click on the impact record and the custom data modal will appear.

Update the Impact, label and description by double-clicking on the value. Then hit Update to save the changes. 

Update all the values as necessary.

Risk Rating

Double click on the risk rating record and the custom data modal will appear. To update the risk rating you need to download the matrix upload template. 

The template displays the likelihood on the X-Axis and the impact on the Y-Axis.

Update the likelihood and impact values in the template to correspond to the new likelihood and impact values you have set.

The matrix works so that depending on the impact and likelihood value selected, the corresponding risk rating will be displayed as per the matrix. You can also update the risk rating values in the matrix. These values can also be updated. Note that there need to be 5 risk values in the matrix.

Once you have updated the risk matrix template, upload it, then click Save.

Next, double click on the risk rating record again.

In the custom data modal, click on the Matrix tab. This tab will display the risk matrix that you uploaded. 

Next, you will need to define a colour and value for each of the 5 risk rating values. Double click on the first one, in this example, Very Low. Add a custom description, set the colour, and value to be 1. Then hit Save.

Double click on the next risk rating, in this example Low. Add a custom description, set the colour, and value to be 2. Then hit Save.

Double click on the next risk rating, in this example Medium. Add a custom description, set the colour, and value to be 3. Then hit Save.

Double click on the next risk rating, in this example High. Add a custom description, set the colour, and value to be 4. Then hit Save.

Double click on the next risk rating, in this example High. Add a custom description, set the colour, and value to be 5. Then hit Save.

The risk dating has now been updated. Close the custom data modal.

These values will be displayed when creating risk assessments.

As well as when viewing the risk matrix report.