risk level - HxGN EAM - 12.0.1 - Help - Hexagon

HxGN EAM Help

Language
English
Product
HxGN EAM
Search by Category
Help
HxGN EAM Version
12.0.1

A component of the risk matrix setup. A risk level refers to a value assigned to equipment or a location in the event the equipment fails to perform its intended function. The risk level value is assigned after a risk assessment or risk analysis is completed. Examples of equipment failure risk levels include: Desirable, Undesirable, Acceptable, Unacceptable, and Catastrophic.