FAQ: How do I create an assessment for a specific risk model?

Applies to: Risk Assessment Platform

Question

• I created a company risk model, how do I create an assessment to test it?
• How to use a risk model in an assessment/assessment unit?
• How to start assessing the risks in a risk model?

Answer

Before you begin:

• Identify the methodology of the risk model, you will need this when creating the assessment. You can find this in App Setup > Risk Model > in the Methodology column.
• If you created your own risk model, make sure it has the status "Published". Risk Models with a status of "In Progress" cannot be selected in assessments.

Steps:

1. On the Assessment History page click the New Assessment button.
2. In the New Assessment popup, complete the fields:
   • Methodology - select the methodology to be used for the assessment.
     Note: This affects which risk models can be selected when creating the assessment unit.
   • Name - enter a name for the assessment.
   • Start From - optional, to copy data from an existing assessment.
   • Country Risk Model - select a country risk model for the assessment.
3. Create the assessment.
4. Navigate to the Assessment Unit chevron at the top of the assessment page.
5. Click the New Assessment Unit button.
6. In the New Assessment Unit popup, complete the fields:
   • Name - enter a name for the assessment unit.
   • Start From - optional, to copy data from an existing assessment unit.
   • Model - select the risk model for the assessment unit.
     Note: the dropdown only displays risk models that use the same methodology as the assessment.
   • Supporting Document Template - optional, to include a checklist of supporting documents.
     Note: the dropdown only displays templates that use the same methodology as the assessment.
   • Control Metric - optional, to remove the unselected metrics from the controls assessment.
   • Owners - optional, to give restricted users access to the assessment unit.
7. Create the assessment unit.