Classic Risk score rollup calculations

Valqe
Tera Expert

Hi all,

New in IRM space and I appreciate your help and comments. 

Was wondering what are best practices when it comes to (classic) risk rollup calculations?

 

IE

1) Calculate Risk statement risk scores from its related risk records?

 

2) Calculate Entity (parent & child) risk score and roll it up the hierarchy. 

If you did it it past I would greatly appreciate any code or update set you can share. 

Thanks in advance. 
v

3 REPLIES 3

Community Alums
Not applicable

Hi @Valqe ,

There is no Rollup Available for Classic Risk Management.

 

Thanks @Community Alums ,
Was wondering if its a good practice to introduce some custom calculations (Business Rules and Script Includes) on Rist Statement & Entity structure rollup for such calculations? Based on your experience, in past when classic risk was utilized, what was the best practice you  used for rollup calculations (asuming that advanced risk was not utilized)?

Thank you 🙂

Community Alums
Not applicable

Hi @Valqe ,

Based on my prior experirnce, we have done the risk rollup but using Advanced risk not in classic risk.

In classic risk you can only use either qualitative or quantitative not both, if you are introducing a custom calculation, then this is will be very hard to maintain.