To assess or re-assess a risk in Folio either Edit the whole risk or click on the pencil icon next to the risk matrix. If the risk is being created for the first time, then move directly to the next step.
Move the sliders to assess the risk. The definitions of likelihood and consequence appear on the left hand side and will change based on the levels of likelihood and consequence selected.
To view the full definitions, select View More and the full consequence definitions will appear.
The risk slider will show the risk rating based on the organisation's pre-defined matrix.
If the organisation has activated, Target Risk, select a Target Risk. This will then be displayed next to the risk assessment.
