The Risk Ranking Matrix assigns colors to risks. These colors quickly and intuitively quantify and qualify risks, according to pre-defined parameters such as impact, probability of occurrence, risk consequences, and cost.
Parent is mandatory, allowed parent type is Risk.
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The following table lists the fields for this object.
Field | Detail |
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consequenceCost | Type: double Default value: 0.00 Description: Cost of the consequences if the risk is not addressed. Field validation description: Value range 0.00 – 9,999,999,999,999.99 Additional field security restrictions: N/A |
exposurePercent | Type: int Default value: 20 Description: Its value is automatically calculated according to the following formula: (impact + probability) / 2. This field is read-only. Field validation description: N/A Additional field security restrictions: N/A |
impact | Type: int Default value: 20 Description: A percentage value that is business process dependent. Field validation description: The possible values for this field are 20, 40, 60, 80 and 100. Additional field security restrictions: N/A |
precision | Type: PrecisionType Default value: Low Description: A subjective measure of how well the risk is understood. Field validation description: N/A Additional field security restrictions: N/A |
probability | Type: int Default value: 20 Description: A percentage value that is business process dependent. Field validation description: The possible values for this field are 20, 40, 60, 80 and 100 Additional field security restrictions: N/A |
probabilityCost | Type: double Default value: 0.00 Description: Its value is automatically calculated according to the following formula: consequenceCost × probability. This field is read-only. Field validation description: N/A Additional field security restrictions: N/A |
riskMatrixColor | Type: string Default value: "Green" Description: Color is used to quantify and qualify risks. Its value is automatically calculated from the values of probability and impact. This field is read-only. Field validation description: N/A Additional field security restrictions: N/A |
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