What's new in this release:
By default, the risk rating calculation is based on 3 factors (Likelihood, Frequency, Consequence) and addition. We added the options for risk rating calculation with 2 factors (Likelihood, Consequence) and multiplications to make our Hazard Assessment module compatible with more standards.
3 Factors and Addition (ex. 5 + 5 + 5)
Other Options Added:
3 Factors and Multiplication (ex. 5 x 5 x 5)
2 Factors and Addition (ex. 5 + 5)
2 Factors and Multiplication (ex. 5 x 5)
*** Risk rating calculation option needs to be configured when Hazard Assessment is setup. Contact your account advisor or email email@example.com if you want a different option from the default one.