Create a Risk Matrix

To create a risk matrix:

Navigate to RACE and select Risk Matrix.
Click Create Matrix.

Figure 1. Create Risk Matrix
In the Risk Matrix Details screen, enter Matrix Metadata:
- Matrix Name
- Matrix Description
- Plant
- Tags
- Define matrix components (e.g., Consequences, Likelihood)
- Click Next.
Figure 2. Risk Matrix Details
In the Add Consequences screen, add consequences,
- Click the + Add Consequences button at the right-side.
- Select the relevant color in the Color column.
- Define up to 5 consequence categories (e.g., People, Assets, Environment).
  - Add an evaluation question for each category.
  - Define severity levels (0–5) with:
    - A label
    - A scenario
    - A description
- You can add or remove levels as needed.
- Click Next.
Figure 3. Add Consequences
In the Add Likelihood screen, add Likelihood.
- Click + Add Case at the bottom.
- Select the relevant color in the Color column.
- Define scenario in the Likelihood of occurrence column.
- Add a description in the Description field.
  Note:
  You can add maximum 7 cases.
- Click Next.
Figure 4. Add Likelihood
In the Configure Priorities screen, configure Priorities.
- Click the + Add Results button at the bottom.
- Assign priorities (P0, P1, P2…) based on consequence and likelihood combinations:
  - Name the risk results.
  - Set response timeframes (e.g., 1 Day, 2 Weeks).
  - Rank results from highest to lowest if needed.
- Click Next.
Figure 5. Configure Priorities
In the Generate Matrix screen, generate the matrix:
- Review the color-coded matrix.
- Each cell represents a risk level (e.g., Very High, Medium).
- Click on the cell to change the risk level.
- Click Preview to view risk matrix appear in its final form.
  Figure 6. Matrix Preview
- Click Publish.
  Figure 7. Generate Matrix
The matrix is now available for use in incident reporting or form configurations.

Use More icon to Edit, Copy, Preview, or Archive a matrix.