Risk Management > Setup > Base > Priority model

Use this form to assign a calculation model to a risk and define the priority model and priority scale related to the risk type. When creating a Risk, the priority of the risk is determined by the type of risk, the likelihood that the risk can occur and the impact that the risk could possibly have on the Service area. Determining this priority can be done by either a calculation or by using a Priority matrix as it was defined in the Priority scale. Each of the Priority scales are related to a Model, and each Risk type indicates the model to use.

Tasks that use this form

Create/delete the base priority model

Create/delete the base priority scale

Navigating the form

To create a new record press CTRL+N or the new button. The following tables provide descriptions for the controls in this form:

Buttons

Control name

Description

New

Create a new priority model.

Delete

Delete an priority model record.

Priority scale

Setup of the priority scales for the model.

Fields

Field name

Field description

Priority model

This field defines the priority model that will be used to calculate or determine the priority.

Description

Give a short description of the priority model.

Calculation method

Enter the calculation method to be used for the priority model.

Record status

Shows the current status of the record. The status can be changed with the record status function.