---
sourceDocument: Xanadu IT Asset Management
sourceDocumentLink: https://www.servicenow.com/docs/r/xanadu/it-asset-management

 Release :

    - xanadu

ft:locale :

    - en-US

ft:publication_title :

    - Xanadu IT Asset Management

ft:clusterId :

    - itam

bundleId :

    - itam

workflow :

    - Technology


---

# Create configuration values for risk likelihood

# Create configuration values for risk likelihood {#ariaid-title1}

* Release version: Xanadu
* 
* Updated August 1, 2024
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 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 WorkspaceAdmin centerRisk configurationRisk 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.

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