About the Baseline Risk Matrix Records

The baseline GE Digital APM database contains two Risk Matrices:

Standard Practice
Default

Note: If you are upgrading from a previous version of GE Digital APM, you will not receive the Standard Practice Risk Matrix. You will receive only the Default Risk Matrix (and any Risk Matrices that you created manually). The Default Risk Matrix will be phased out over the next several releases. If you are an existing customer, you should continue using the Risk Matrix that you were using before you upgraded. New customers, however, will receive both Risk Matrices but should use the Standard Practice Risk Matrix or create their own Risk Matrix. In other words, the Standard Practice Risk Matrix is recommended for customers who are not already using a different Risk Matrix. For this reason, the GE Digital APM documentation explains the functionality of the Standard Practice Risk Matrix, not the Default Risk Matrix. Throughout this documentation, when we use the phrase baseline Risk Matrix, we are referring to the Standard Practice Risk Matrix. The Standard Practice Risk Matrix is not set automatically as the default Risk Matrix. If you are planning to use it as the default Risk Matrix, you will need to select the Default check box on the datasheet (after clearing the Default check box for the Default Risk Matrix).

The following image shows the Standard Practice Risk Matrix.

The Standard Practice Risk Matrix consists of a Risk Matrix record and the following additional records:

4 Risk Category records: Safety, Environment, Operations, and Financial.
5 Consequence records: Very Low, Low, Medium, High, and Very High.

In the baseline GE Digital APM database, each Consequence record is linked to the following Risk Category records: Environment, Operations, Safety. The Risk Category record Financial is not linked to a Consequence record.

8 Probability records: Frequent, Probable, Likely, Credible, Remote, Possible, Improbable, Unlikely.

5 of these Probability records are linked to each Risk Category record, as shown in the following table.

Safety	Environment	Operations	Financial
Probable	Probable	Frequent	Frequent
Credible	Credible	Probable	Probable
Remote	Remote	Likely	Likely
Improbable	Improbable	Credible	Credible
Unlikely	Unlikely	Possible	Possible

5 Risk Threshold records: Low, Medium, High, Very High, and Extreme.