Risk elements are the subsets of risk cases. There can be multiple types of risk elements depending on what you wish to calculate a risk score on.
To begin, it is important to establish the different levels of risk. This can be accomplished by accessing the Rules library in valid8Me.
Next, we navigate to the Risk Score tab in the Rules library in valid8Me.
"Then we select Create Score +"
Risk elements are the subsets of risk cases. There can be multiple types of risk elements depending on what you wish to calculate a risk score on. For now, form is the only risk element type available to apply risk rating rules in valid8Me.
Please note the following:
This is the acceptable range for risk to be considered Low within your organization. The values that populate these ranges will originate from the instances of the Risk Elements.
This is the acceptable range for risk to be considered Medium within your organization. The values that populate these ranges will originate from the instances of the Risk Elements.
This is the acceptable range for risk to be considered High within your organization. The values that populate these ranges will originate from the instances of the Risk Elements.
You will need to enter values based on the above information for the "Low Risk", "Medium Risk" and "High Risk" levels of Risk. These levels determine the acceptable criteria for each category within your organization. The values for these levels will come from the instances of the Risk Elements that you have established.
The value of zero (0) has already been automatically entered for the "Low Risk" level. Therefore, you only need to enter the "To" field for the range in order to complete the Low Risk section.
As you enter the range for the "Low Risk" section, the lower level of the Range for Medium Risk will automatically be populated.
The same process will happen for the range of values in the High Risk category. After that, you will be able to click on the "Create" button.
Once you have created the Risk, you can easily add it to a form by selecting it from the Risk Score dropdown located in the top right corner of the form.
If you have any questions on this process please feel free to reach out to our Support team at support@valid8me.com