Risk assessment methodology form

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

Table 1. Risk Assessment Methodology form

Field	Description
Name	Name of the risk assessment methodology. For example, Data Risk Evaluation.
Assess	Select the assessment context: Risk Object
Applicable entity classes	Unlock this field and add the entity classes for which you want to create the risk assessment methodology.
Workflows	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.
Rollup Configurations
Calculate ALE based on	Select the basis for calculating ALE: Sum Average Maximum Minimum
Calculate score based on	Select the basis for calculating score: Average Maximum Minimum
Risk Response Configurations	Make the required selections.
Business Rules and Validations
Final comment is required	Select the basis for final comment: None Always On breach of appetite On breach of tolerance
Automatically create issue	Select the basis for creating the issue automatically: None On breach of appetite On breach of tolerance
Reference Information	Make the required selections.
Other Configurations
Advance reminder (days)	Enter the number of days for which you want to set an advanced reminder.
Overdue reminder (days)	Enter the number of days for which you want to set an overdue reminder.
Risk identification	Select the basis for identifying risk: None From Library Ad-hoc From Library and Ad-hoc
Other options	Make the required selections for the remaining options.