Risk Reporting

After entering in all this data, the system will use the information to calculate risks across the entire system. It runs this calculation once per day.

As well as intelligently determining risks based on the history of the assets, it also flags issues with asset configuration - for example missing data, such as there being no picture for an asset, or no 'required skills' defined. These bits of information can be invaluable to organizations, and the risk management report can be a very useful way to determine what isn't complete in your asset registry.

You can run this report at any time - just go to Reports / Risk Report.

The top section of the report is what's called a Risk Matrix. This is a 5x5 matrix that has impact on the horizontal scale, and probability on the vertical scale. In each square is a number showing the number of risks that correlate to that specific impact and probability. The items in the top-right corner are the highest risk and should be reviewed regularly or mitigated. You can hover your mouse cursor over the boxes in the matrix to see a description of the risks in that box.

If you scroll down to the next section you'll see a list of high risks, those highlighted in red. Underneath that is the list of remaining risks.

Each line in that report will provide a link to the associated asset or location, the title and description of the risk, and the impact and probability - yielding a final risk score that is used to order the risks in the list.

The risk report can be reviewed at any location by going to the Risk Register entry in the hamburger menu under any asset.

Report Subscriptions

You can also subscribe to the risk report to have it emailed to you on a regular basis. To do this, go to the Configuration tab, and then go to Report Subscriptions. Add an entry for your user, select Risk Report in the report type and then select the frequency you wish to receive the report. It will then automatically appear in your inbox when the time comes.