Risk Ratings
The Matrix provides five risk ratings of -
Very Low (VL)
Low (L)
Medium (M)
High (H)
Very High (VH)
Divisions
The Matrix sets the numerical risk range for each Division and is where calculations of bar graph results are determined.
The Matrix is also used to enter the numerical scores to calculate the overall risk Profile. This is done from the field marked ‘Overall Ranges’.
Below is a sample of a risk matrix.
