Risk assessment

Evaluation catalogs

In REXS, you can record as many customizable evaluation catalogs for assessing risks as you wish in one central location.

• In these evaluation catalogs, you can record evaluation criteria for the probability of occurrence (PO), the probability of detection (PD), as well as their significance (S)
• What’s more, you can determine which kind of evaluation should be used in the risk analysis. You can choose from
  • the risk priority number RPN = A x B X E
  • the risk class RC = A x B
  • as well as the matrix position

Example Matrix position:

The catalogs which have been released in the system can be used and displayed in the risk analyses. The calculation of the acceptable residual risk (e.g. risk priority number RPN) takes place automatically and can be displayed in color (an aspect which can be configured by the user).