Assess the Mitigated Risk of a Degradation Mechanism (DM)

Steps

  1. Access the analysis containing the DM for which you want to assess the mitigated risk.
  2. Below the graph, select the Analysis ID for the analysis containing the DM for which you want to assess the mitigated risk.

    The Analysis workspace for the selected analysis appears, displaying the Analysis Details section.

  3. In the workspace heading, select the Degradation Mechanisms tab.

    The Degradation Mechanisms section appears, displaying a list of DMs associated with the analysis.

  4. Select the DM that you want to assess, and then in the upper-right corner of the section, select .

    The Risk Matrix window appears.

    The Risk Matrix window

  5. Select the cell that represents the risk rank for each category, and then select Done. These categories depend on the risk matrix that is defined by your organization. By default, these categories are Safety, Environment, Operations, and Financial.

    The mitigated risk and mitigated financial risk values for the DM are saved.

    Hint: You can also select the mitigated risk values in the Mitigated Risk and Mitigated Financial Risk drop-down list boxes in the Risk Details section of the DM.