Risk assessment methodology form

  • Release version: Australia
  • Updated March 12, 2026
  • 1 minute to read

    • 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.