Assessing risks
After having identified and analyzed the risks encountered by the enterprise, it is essential to highlight the most important of these in order to remediate them.
In HOPEX Risk Mapper, risk assessment is qualitative: the impact of a risk is described by terms corresponding to a predefined scale (for example 1 to 4). In this way mapping of risks can be established to quickly identify the most critical risks.
HOPEX Risk Mapper offers the possibility of a direct assessment, which allows an expert to specify global assessment of a risk on a given date.
If you have the HOPEX Enterprise Risk Management solution and you have imported the associated framework, you have additional assessment facilities.
Results of risk assessment can be displayed in dedicated reports which make it easier to analyze the assessed risks.
*For more details on the risks reports, see Risk related reports.