Risk matrix

Name of the risk matrix.

	See Also

Consequence priority

Consequence priority on which the risk matrix entry is based.

	See Also

Probability

Probability on which the risk matrix entry is based.

	See Also

Label

Name of the risk matrix entry, for example, “Extreme”, “High”, or “Low”. More than one entry can have the same label.

	See Also

Abbreviation

Short form for the risk matrix entry label.

	See Also

Criticality

Criticality or risk is determined by the combination of the likelihood of the failure and the consequences of failure.

	See Also

Sequence

The sequence number determines the order of entries in the table.

	See Also

Action plan strategy

Select the recommended task to be selected on the action plan: • Condition based maintenance or inspection – Condition based maintenance entails checking for potential failures. Inspection tasks are recommended in RBI analysis and entail examining and/or testing to determine the equipment’s condition. When this option is selected, you can recommend how often the task should be performed. • Modification or redesign – One-time change to the equipment, training, or maintenance or operating procedures

	See Also

Task frequency

If Condition based maintenance or inspection is selected, you can suggest a task frequency.

	See Also