10.7 Risk

System Administrators play a critical role in risk management, ensuring accurate risk analysis and mitigation strategies. Their responsibilities include:

• Assigning Risk Priorities: Define priorities with names, colors, and descriptions for comprehensive risk analysis.
• Configuring Risk Matrix: Set Likelihood and Impact axes for precise risk assessment aligned with priority settings.
• Customizing Risk Profiles: Tailor Risk Profile scores to match organizational risk tolerance and objectives accurately.

System Admins can:

1. Edit Risk Language: Customize language settings related to risk management.
2. Edit Risk Priority Settings: Modify settings for risk priority classification.
3. Edit Risk Matrix Settings: Adjust parameters for the Risk Matrix configuration.
4. Edit Risk Profile: Fine-tune settings for risk profile scoring.

Through these actions, System Administrators contribute to establishing an effective risk management framework.