Create Risk Analysis ID

Explanation

This activity is used to create a new risk analysis.

The new record will automatically inherit some default values, some of which have been explicitly defined in the Risk Basic Data window.

Prerequisites

• A risk owner must be connected to the risk record and must be a registered person in Person.
• The Risk Management default settings should have the default review period defined.
• The currency must be defined and should be a valid value as defined in Currency.
• A site must exist. The sites that can be connected to a particular risk analysis depend on the Company associated with the particular risk analysis record.

System Effects

• On saving the risk record, a Risk Analysis ID is created with Status Preliminary.
• The Person ID of the user creating the risk analysis will be automatically entered as the Risk Owner, unless a Project is selected, in which case the risk owner shall automatically be the Project Manager.
• The Owning Company will automatically be set to the default company for the user.

Window

Risk Analysis
Risk Analysis Details

Related Window Descriptions

Risk Analysis
Risk Analysis Details

Procedure

Use the following procedure to create a Risk Analysis ID:

1. Open the Risk Analysis or Risk Analysis Details window, and click New.
2. If required, change the default Risk Owner, Review Period and Currency values using the List of Values where available. (default values will be inherited for these fields) The default company automatically appears. The rest of the information can be registered either now or later.

Entering values into the following fields at this point is optional: Note: you may also wish to connect a project, sales contract and sub contract into the parallel fields at this point details of which are described in the Connect Project and Contracts activity.

3. In the Site field, click on the List of Values to define a site on the risk analysis.
4. In the Customer ID field, use the List of Values to select an existing customer registered in IFS/Enterprise. Note: If a Project ID for which a customer already exists is entered the Customer ID appears by default but this value can be modified.
5. In the Total Base Cost field, enter the value for project or contract cost on which calculations are to be carried out. Note: The currency is the same as previously defined.
6. In the Risk Project Type ID field, use the List of Values to select the type of project or contract being assessed. Values for this List of Values are entered in Risk Basic Data/Risk Project Type.
7. Select the Restrict Categories check box, if it is required that the risk analysis be sorted into a project-specific set of categories.   
8. In the Risk Comment field, enter any general comments regarding the risk analysis. The information will be included in output reports.
9. Click Save.