Create configuration values for risk likelihood

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

    • Use the Risk Likelihood module to create configuration values for the likelihood vector.

    Before you begin

    Role required: sn_eam.enterprise_admin

    Procedure

    1. Navigate to Enterprise Asset Workspace > Admin center > Risk configuration > Risk likelihood.
    2. Select New.
    3. Enter a label in the Enterprise Risk Likelihood Configuration page.
      The Value field is an incremental field and cannot be edited.
    4. Select Submit.
      The Display Name field is automatically populated and is a concatenation of the value and the label. For example, if 1 is the value and Low is the label, the Display Name field appears as 1-Low.
    5. To add more configuration values, repeat steps 2-4.
      There should be a minimum of three likelihood records and a maximum of ten.
    6. Select Freeze after you have added the configuration records.
    7. Select OK in the warning message box to continue freezing your configuration records.
      Note:
      You cannot add or delete any likelihood configuration records after you select Freeze. You can however edit the Label field in the existing records.