Advanced Risk Assessment Scoring Calculation

AditiV
Tera Contributor

AditiV_0-1749620090705.png

Hi All,
This is Advanced Risk Assessment screenshot.
Here how Qualitative scoring is calculated. 

Thanks in Advance.

 

1 ACCEPTED SOLUTION

HenkHeath
Tera Expert

Hi @AditiV 

This is a weighted calculation;

High (3) x 20 = 0.6

Low (1) x 15% = 0.15

Low (1) x 15% =0.15

Low (1) x 25% = 0.25

Low (1) x 25% =0.25

 

Sum all of these = 0.6+0.15 +0.15+0.25+.025 = 1.4

 

This falls in the qualitative transform between 1.01 and 2.00 and therefore a value of Medium (2.0) is given 

HenkHeath_0-1749620982384.png

 

View solution in original post

2 REPLIES 2

HenkHeath
Tera Expert

Hi @AditiV 

This is a weighted calculation;

High (3) x 20 = 0.6

Low (1) x 15% = 0.15

Low (1) x 15% =0.15

Low (1) x 25% = 0.25

Low (1) x 25% =0.25

 

Sum all of these = 0.6+0.15 +0.15+0.25+.025 = 1.4

 

This falls in the qualitative transform between 1.01 and 2.00 and therefore a value of Medium (2.0) is given 

HenkHeath_0-1749620982384.png

 

AditiV
Tera Contributor

Hello @HenkHeath,

AditiV_0-1749633739964.png

Could you please tell me what is the significance of this field "Formula for Qualitative score" ?
and if it is chosen as Product what will happen considering above example.