Please ensure Javascript is enabled for purposes of website accessibility
Powered by Zoomin Software. For more details please contactZoomin

AVEVA ™ Asset Strategy Optimization

Risk matrix as a decision-making instrument

  • Last UpdatedFeb 13, 2023
  • 1 minute read

The risk matrix in Asset Strategy Optimization is a decision-making instrument. It will indicate for a selected scope whether to accept the risk in relation to the corporate business objectives for the underlying failure causes. Cells that are colored green indicate acceptable risk, while cells colored red indicate that failure causes that end up in such cell will not be accepted and the risk should be mitigated.

TitleResults for “How to create a CRG?”Also Available in