Create Risk Model

You can create one or more risk models, each with a unique configuration and set of results.

You can also choose when to publish your risk model. Published risk models and their results are visible to all users throughout Info360 Asset, while unpublished risk models are only visible to full-access users. Risk models need to be published to be used in rehabilitation decision trees.

You can create a risk model for all assets of particular type or for a subset of those assets (using saved asset filters).

You can create a risk model from scratch or by duplicating an existing model. Duplicating a model will copy over all the settings, but not the results.

To create a new risk model

1. Go to the Risk section and select Create New Risk Model.
2. Fill in the details and select Create Risk Model.
3. Configure the risk model. See Set Up Likelihood of Failure (LoF), Set Up Consequence of Failure (CoF) and Complete Risk Setup.

To duplicate an existing risk model

1. Go to the Risk section and find the model you want to duplicate.
2. Select the three dots icon and select Duplicate.
3. Edit the model name and any of the settings.