VUEWorks - Risk Module
Risk: The VUEWorks Risk module allows you to capture stake holder concerns in a risk model to strategically prioritize limited resources and work activities, determine modes for consequences and/or probability of failure for asset classes and types, and configure priorities by assigning weight factors. Once you have the risk model configured and calculated, VUEWorks Risk makes it easy and fast to look at every aspect of the risk model.
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Features & Benefits
- Use GIS data with the VUEWorks Multi-edit and Buffer tools to quickly assign consequence of failure values to assets in the GIS
- Utilize the consequence of failure values as a measure of criticality when comparing assets
- Configure up to ten consequence and failure modes for each asset type
- Use data from the Work Order module (e.g., number of work orders as a variable) or any external database such as a capacity analysis to keep risk models current
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