Creating Risk Scoring Matrices
Create a risk scoring matrix to perform qualitative analysis on project risks. Project risk is assessed based on the thresholds defined in the risk scoring matrix.
Before creating a risk scoring matrix, you need to first define risk thresholds.
To create a risk scoring matrix:
- Click Administration.
- On the Administration navigation bar, click Enterprise Data.
- On the Enterprise Data page, expand Risks and choose Risk Scoring Matrices.
- On the Risk Scoring Matrices page:
- Click Add.
- In the Name field, click and type a unique name.
- In the Matrix Size field, double-click and click Select.
- In the Select Matrix Size dialog box:
- Choose a threshold level for the Probability Threshold Level and Impact Threshold Level fields.
Note: You must have already defined thresholds with the number of levels you are assigning to the matrix. If you do not have a threshold with the same number of levels, you will be able to select the matrix size, but you will not be able to add a threshold.
- Click Select.
- Choose a threshold level for the Probability Threshold Level and Impact Threshold Level fields.
- On the Risk Scoring Matrices page, double-click in the Probability Threshold field and click Select.
- In the Select Probability Threshold dialog box, choose a probability and click OK.
- On the Risk Scoring Matrices page, double-click in the Schedule Impact Thresholds field and click Select.
- In the Select Schedule Impact Thresholds dialog box:
- Select a Schedule Impact and click Select.
- Select any additional impacts and click Select.
- On the Risk Scoring Matrices page, double-click in the Cost Impact Thresholds field and click Select.
- In the Select Cost Impact Thresholds dialog box:
- Select a Cost Impact and click Select.
- Select any additional impacts and click Select.
- On the Risk Scoring Matrices page, double-click in the Tolerance Threshold field and click Select.
- In the Select Tolerance Threshold dialog box, choose a tolerance and click OK.
- On the Risk Scoring Matrices page, double-click in the Risk Scoring Method field and select a risk scoring method from the list.
- In the Description detail window, type a description of the risk scoring matrix.
- On the Risk Scoring Matrices page, click Save.
Related Topics
Working with Risks Enterprise Data
Configuring Risk Enterprise Data
Working with Risk Scoring Matrices
Assigning a Risk Scoring Matrix to a Project
About Risk User Defined Fields
Sharing Enterprise Risk Data with Oracle Primavera Cloud
Linking P6 and Oracle Primavera Cloud Applications.
Last Published Thursday, February 1, 2024