Probability of failure descriptions
Probability of failure descriptions are meaningful names and descriptions of the probability of failure (PoF) scores that Infor Operations and Regulations 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 Operations and Regulations 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.