The Risk Matrix is used to grade the severity of an event. It is also used to grade Risks logged on the Risk Register.
The Risk Matrix consists of different categories of Consequence and Likelihood, used to calculate the overall grade of risk for an event or risk on the risk register.
Viewing the Risk Matrix
To view the current Risk Matrix, from the Admin Dashboard, select Risk Matrix.
You will be presented with the risk matrix categories of Consequence and Likelihood.
To view the settings against each category click the Actions button next to the risk matrix category you wish to view and select Edit.
Each severity description for that category is displayed.