Advanced Risk Scoring Calculation

AditiV
Tera Contributor

I want to know alike Classic Risk there is Risk Criteria Table.
For ARA where Risk Calculation is done.
According to the Inherent Risk Value Given. 
Where can we customize it?


Thanks in Advance.

1 REPLY 1

Anurag22
Tera Contributor

For ARA, you need to define a RAM (Risk Assessment Methodology). Within RAM, for each type of assessment (Inherent / Residual / Control / Target) you can define manual factors or group factors (e.g. Inherent Likelihood and Inherent Impact).

These factors can be configured to either get multiplied / summed / averaged etc. 

If you need to build more complex logic, use scripted factors.

Final Risk Score of Risk is equal to Residual Risk score calculated through Residual Assessment.