Risk Management
Risk management is an ongoing process that continues throughout the life of an asset.
It includes processes for risk management planning, identification, analysis, monitoring and control.
All of this information can be stored against an asset in the Risk Management tab.
This is a quick overview which allows Users to foresee risk, estimate the extent of the risk and create response plans to mitigate them.
It also holds risk scores based on their likelihood and consequence as per AS4360.
To add a risk item against an asset click Add and fill in the relevant details as indicated below:
Example data that can be added in the Likelihood and Consequence fields
