Risk Analysis Report
Objective: Gain an understanding of the Risk Analysis report.
This report allows an organisation to analyze the predicted risk behavior of their asset portfolio as a result of their selected financial strategy.
The risk management assessment technique utilised within Assetic Predictor has been guided by the International Standard on Risk Management (ISO 31000). ISO 31000 is a family of standards relating to risk management codified by the International Organization for Standardization. The purpose of ISO 31000:2018 is to provide principles and generic guidelines on risk management.
Under ISO 31010:2009, Predictor utilises the consequence versus probability matrix to perform risk assessments and hence the following reports reflect this framework.
To load the report:
- Select Risk Analysis from the drop-down menu of report viewer
- Select the simulation to be analyzed.
- Click on View Report
The Risk Analysis Report is displayed:
This report shows the asset quantity, asset value, and asset network measure for each Risk Rating Label, as configured in the Advanced Setup section. By default, all Risk Rating Labels are displayed, however these can be filtered in the Data Source section to display only selected labels.
The report also contains a bubble chart that displays the three parameter outputs for each year of the Financial Strategy, with the Likelihood of Failure on the Y-axis, Consequence of Failure on the X-axis, and the Asset Quantity, Value, or Network Measure of each Risk Rating Label represented by the size of the bubble.
