Risk Matrix

Note: If you are defining mitigated risk, the mitigated financial values must be lower than the

unmitigated financial values.

5. Select Save.

Results

• When you are finished making selections on each tab, the values that appear next to each tab name

(except for a financial tab) are used in a calculation to determine the overall risk rank.

◦ In the corresponding Risk Matrix record, if the Use Maximum Risk Rank check box is selected, the

risk rank will equal the largest value on the tabs.

-or-

◦ In the corresponding Risk Matrix record, if the Use Maximum Risk Rank check box is not selected,

the risk rank will equal the sum of values on each tab.

 

 

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 2020 General Electric Company

 

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• The calculated risk rank is displayed in either the Unmitigated Risk Rank section or the Mitigated

Risk Rank section, depending on the type of risk you are working with.

The calculated risk rank is displayed in either the Unmitigated Risk Rank section or the Mitigated Risk

Rank section, depending on the type of risk you are working with.