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.