GRC Advanced Risk plugin indicators

The GRC Advanced Risk plugin contains various indicators.

The Advanced Risk plugin includes the following indicators:

# of high residual risks

Number of high residual risks per quarter.
# of ineffective controls

Number of ineffective controls per quarter.
Maximum of maximum calculated ALE for this quarter

Maximum of maximum calculated ALE for this quarter.
Maximum of maximum acceptable loss expectancy for this quarter

All active risk statements updated within the current quarter and calculates the average of maximum_acceptable_loss_expectancy
Number of open mitigation tasks

Number of risk mitigation tasks in open state in this quarter.
# of risk events

Number of risk events that were reported in this quarter.
Total gross loss

Total gross loss from financial risk events per quarter.
Total net loss

Total net loss from financial risk events per quarter.
Active Events

Number of active risk events per quarter.
# of events with impact > 1 M

Number of risk events with financial impact greater than one million USD.
Average residual risk

Average residual risk score per quarter.
Average control effectiveness

Average control effectiveness per quarter.
Average Inherent Risk

Average inherent risk score per quarter.
Risk Assessments (Open)

Open risk assessments.
Issues (created this quarter)

Issues created per quarter.
Indicator task (created this quarter)

Indicator tasks per quarter.
Control tests (created this quarter)

Control tests per quarter.
Risk assessments in Monitor state

Risk assessments in monitor state.
Non-financial risk events

Number of non-financial risk events per quarter.
Total potential loss

Total potential loss from financial risk events per quarter.
Total expected loss

Total expected loss from financial risk events per quarter.
# of events with high non-financial impact

Number of risk events with high non financial impact per quarter.
Average gross loss per event

Average of the gross loss incurred for each active risk event.
Average net loss per event

Average net loss per event. Net loss = Gross loss minus recovery loss.
Average recovery made per loss event

Average recovery made per loss event per quarter.
Average additional cost per event

Average additional cost per financial risk event per quarter.
Annual Loss Expectancy

Average ALE monthly is measured monthly as unit.
Number of entity

Number of entities which are in active state and updated during or before this quarter.
Near Miss

Number of near miss risk events per quarter.
Number of risk statements

Number of risk statement which are in active state and updated during or before this quarter.
Total control indicators

Number of control indicators running per quarter
High risks with failed indicators

Number of risks with high rating and failed indicators in the quarter.
Overdue indicator tasks

Number of indicator tasks due in the quarter.
Percentage of risk indicators failed

Percentage of failed risk indicators.
Total Failed Indicators Quarterly

Number of failed indicators in the quarter.
High Risk with Failed Control

Number of High Risk with Failed Control Test
Total Risk Indicators

Number of risk indicators running per quarter.
# of ineffective controls

Number of ineffective controls per quarter.
# of failed risk indicators

Number of failed risk indicators per quarter.
# of Failed Control Tests

Number of failed control tests per quarter.
Failed Control Test Quarterly

Number of Failed Control Test Quarterly
By this quarter

Total number of remediation task that needs to be completed by this quarter.
Key Controls with Failed indicators

Key Controls with Failed indicators is measured quarterly

Parent Topic:Operational Risk Management dashboard