Probability of failure descriptions
Probability of failure descriptions are meaningful names and descriptions of the
probability of failure (PoF) scores that Infor Public Sector
calculates for your assets. For example, you might create a PoF description of "Unlikely"
for a probability of 0.01 or greater; "Medium" for a probability of 0.2 or greater; "Likely"
for a probability of 0.5 or greater; and "Certain" for a probability of 1 or
greater.
Infor Public Sector calculates PoF scores based on the PoF type selected for a risk event type. An individual asset's PoF score can also be modified by a probability of failure multiplier.