Overview and Key Concepts

 

Overview

Predict! Risk Visualiser (PRV) is a separately licensed module within Predict! Risk Controller that creates an interactive visual map of risk data. It connects risks that have been identified, assessed, tagged, and linked in Predict! Risk Controller into a model showing which risks are interconnected and how significant each one is.

The model helps teams see the bigger picture across a risk register — including which risks have the most connections to others — so resources can be directed where they will have the most impact.

Note: PRV is a separately licensed module. Contact your Account Manager for information about licensing this feature.

 

How the Model Works

PRV uses 4 pieces of data from each risk to build the visualization. Each plays a distinct role:

Risk assessment:

• The current or target score for each risk determines the size and color of the risk bubble on the model. Uses the local scoring system only.

Categorization:

• Risks are grouped on the model according to the category label selected when generating the visualization. Risks without a matching category label appear as solo items.

Risk velocity:

• The velocity rating for each risk is shown as the thickness of the border around the risk bubble.

Risk links:

• Pre-established links between risks appear as connecting lines. The thickness of each line reflects the link strength.

 

Best Practices

1. Ensure each risk has the following before generating a model:
   1.  a current score
   2. a category assigned
   3. a velocity rating
   4. links to other risks
2. Apply filters to the risk list carefully before generating
   1. risks not visible in the list will be excluded from the model even if they are linked to risks that are included.
3. Refer to
   1. the Predict! Risk Controller User Guide for guidance on completing risk fields
   2. the Predict! Admin Portal Guides for configuring fields to work with PRV.