Settings – Risk Assessment – Likelihood Table

Here, you can define a likelihood reference table. Similar to the consequence reference table this is meant to assist users in choosing a likelihood level for risks by illustrating the Likelihood Rating with an extended description. This tab enables Risk Managers to define and edit this grid.

• STEP 1: Click Likelihood Table. Likelihood ratings defined within the Criteria area are listed on the left.

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Figure 1.1

• STEP 2: Click the Edit button and type in a description in the adjacent text boxes.

This will appear in the assessment areas as follows when assessing the criteria:

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Figure 1.2