Creating a CoF type

  1. Select Asset Management > Advanced Asset Management > Risk Management.
  2. Click Create Consequence of Failure Type.
  3. Type a name for the CoF type in the Consequence of Failure Type field.
  4. Select the method that will be used to determine the CoF value from the CoF Method list.
    You can select Formula or Rating. Formula indicates that Infor Public Sector will use a formula to calculate the CoF. Rating indicates that you can select the CoF from a list of values when you use the CoF type for an event type.
  5. If you selected Formula in the CoF Method list, enter the formula in the CoF Formula field.
  6. If you selected Rating in the CoF Method list, enter the available ratings in the grid.
    Each CoF rating consists of a description and a value, which measures the consequence on an agency-defined scale. For example, the ratings for a particular CoF type might range from "Negligible," with a value of 0, to "Catastrophic," with a value of 1000.
  7. If you want to define a default value for a rating-based CoF type, enter it in the Default Value field.
  8. lick Save.