Video Training for Objective Register: Criteria Levels To Use
Audio Extract for Objective Register: Criteria Levels To Use
Transcript and Screenshots for Objective Register: Criteria Levels To Use
In the Objective Register tab, the columns for Risk Criteria Levels to Use for Likelihood…
… and the columns for Risk Criteria Levels to Use for Consequence, function the same way, with the same logic, yet separately, which gives you some flexibility.
On the top of these sections, there is a drop-down list to show or hide the columns dedicated to each risk component.
If you intend to use specific risk criteria levels, you must select to show these columns.
As an example, let’s give a look at the section for Consequence, with all its columns being shown.
When we perform risk assessments, we use a set of risk criteria to determine the level between 1 and 5.
The Risk Criteria tab contains generic information on such risk criteria to use for determining the risk levels. By generic, it is meant, some criteria which can be applied to all risks, on all objectives.
For more information on the Risk Criteria tab, please refer to the relevant training.
However, sometimes, you may need to use specific risk criteria for determining the level between 1 and 5 for some objectives.
This is when these columns are very useful: they enable you to record those specific criteria.
For each objective, you can choose…
To use specific risk criteria for this objective.
Or, to use the generic risk criteria, as documented in the Risk Criteria tab.
Or, not to use any documented risk criteria; which, by the way, is not recommended.
If you choose to use specific risk criteria for this objective, then the cells in the columns for levels 1 to 5 are white, which means you need to enter some text.
If you choose not to use any criteria, or if you choose to use generic risk criteria for this objective, then the columns for levels 1 to 5 are greyed.
You do not need to enter anything.
Each one of these choices are color coded.
These colors are defined, and can be changed anytime, in the Objective Parameters tab.
Similarly, the list of risk criteria choices in the drop-down list are defined, and can be changed anytime, in the Objective Parameters tab.
For more information on Parameters tabs, please refer to the relevant training.
Therefore, when recording the risk assessment levels, you have a reminder of the set of criteria which should be used.
Also, beside the columns where you select a level between 1 and 5, the risk criteria in use, either generic, specific, or none, is automatically displayed.
For more information on the Risk Register tab, and the Control Register tab, please refer to the relevant training.
In summary, the choice of the risk criteria levels to use for Likelihood and Consequence enables you to further precise the terms of reference which should be considered for the risk and control assessments of each objective.
Additional Help & Training
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