Algorithm for Impact Calculation

You may define algorithm for impact calculation. There two algorithms:

• Combined impact = maximum impact of all categories; for example Cost Impact is 30%, Schedule Impact is 40%, and Safety Impact is 10%. Total impact is 40%
• Combined impact = sum of impacts in each category and then normalized; for example Total impact will be 70%. However if total impact for at least one risk in risk register with exceed 100%, all impacts for all risk register will be proportionally reduced to ensure that on impact is greater than 100%.

To define algorithm for impact calculation:

1. Click the Risks tab and then click on Format Risk Matrix.
2. Click on Formula to Calculate Combined Impact.
3. Select Calculation of combined risk impact for all categories: maximum impact or normalized sum of impacts.

See also

Risk Register

Formatting Risk Matrix