About Risk Scoring Matrices
A risk scoring matrix is a qualitative analysis tool used to calculate the impact of a risk on a project. A risk scoring matrix includes probability threshold values, cost and impact threshold values, and any additional user-defined impact threshold values, which are all used in the calculation of the risk score. The score is used to give an overall rating of a risk depending on the probability and impact thresholds assessed in the project. The scores are used to help determine if the risk should be addressed during the course of the project, or if the risk does not present a significant impact to the cost or schedule of the project.
Related Topics
Working with Risk Scoring Matrices
Creating Risk Scoring Matrices
Assigning a Risk Scoring Matrix to a Project
Assigning a Risk Scoring Matrix to a Project from the Enterprise Data Pane
Assigning a Risk Scoring Matrix to a Project from the EPS Page
Assigning a Risk Scoring Matrix to a Project from the Portfolios Section
Last Published Wednesday, July 10, 2024