Add and Manage Risks

Within the Risk Control Matrix, you can add and manage risks that could impact specific objectives. Once the list of risks is created, then complete the risk evaluation, link existing and new objectives, and add controls to the risk.

  1. Access the Entity Hierarchy
  2. Add Risks
  3. Complete the Risk Evaluation via in line editing
  4. Complete the Risk Evaluation via the Risk Evaluation Form
  5. Link Existing Objectives, Controls, and Dependent Controls to Risks
  6. Add New Objectives or Controls to Risks
  7. Risk Quick Reports

Note: Administrators can configure fields in the Risk form to update a field based on a specific value of another field or fields. See Configure a Calculated Field for details.

See Also

Risk Control Matrix

Risk Control Matrix Layout Overview

Manage RCMs in the Entity Hierarchy

Create a Risk Control Matrix

Add and Manage Objectives

Quantify Control Weight in a Risk

Link Financial Elements to Risks

Add and Manage Controls

Link Financial Elements to Controls

Add and Manage Tests

Configure your RCM

View Risk Matrix Links

Leverage RC Matrix Information from Library

Set Permissions for the Risk Control Matrix

Risk Control Matrix Quick Reports

Risk Event Analysis

Mass Update RCM Sub Objects