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Status Under consideration
Product Info360 Asset
Categories Risk Configuration / Calculation
Created by Mike Maylone
Created on Jul 31, 2023

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Build your own expression for risk model total risk calculation

As a user, I want to build my own expression when creating a risk model. For example, I want to bias the model myself and then normalize to 100.

Total risk = ((LOF * 0.3) + (COF * 0.7)) * 10

I could even use the expression editor currently available in Info360 to do this (with a few tweaks).


Of course, I would want the system to bind me to only acceptable inputs that would create reasonable outputs.

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Allow users to normalize their risk calculations to other than 0-10

Merged
Some users prefer other risk breakdowns. WSP example: They use the NASSCO breakdown from 1-6. In his logic and based on the 'standard' definition of risk is LoF*CoF which would give the highest risk = 6*6=36. However, Info360 Asset requires their ...
Guest almost 2 years ago in Info360 Asset / Risk Configuration / Calculation 0 Launched

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