Quantify Control Weight in a Risk

A risk can be linked to multiple controls which vary depending on the effect they have on mitigating the risk. Therefore, you need the ability to enter a percentage of mitigation or "weight" of all controls linked to a risk on the risk form. This process utilizes two key fields in the Control and Dependent Control lists in the Risk form:

• Risk/Control Weight: Enter a percentage of the control significance in relation to the other controls used to mitigate the risk.

  Note: Because his field is intended to provide a percentage, the total for all entries in this field should equal 100.

• Key Control: Mark this checkbox if this is the main critical controls utilized to mitigate the risk.

  Note: Typically you would only have one control selected as a key control, but the system allows you to select this checkbox for multiple controls

Note: The Risk Control Weight and Key Control fields must be configured to display in the Control and Dependent Control lists in the Risk form. There is also one field per field type (Boolean, date, memo and category fields) that can be used to provide to provide additional information. For more information, see Configure a List.