What is risk rating in SAP EHS-MGM - SAP EHS Management?

SAP Term: risk rating

• Component: EHS-MGM

• Component Name: SAP EHS Management

• Description: A qualitative statement about the risk to an affected area. &EXAMPLE& In incident management, the risk rating is calculated or can be entered during the incident risk assessment.

Smart SAP Assistant

• Key Concepts: 
  Risk rating is a feature of SAP EHS Management that allows users to assign a numerical value to a hazard or risk. This numerical value is used to indicate the severity of the hazard or risk and can be used to prioritize safety measures. 
  
  How to use it: 
  Risk rating is used to assign a numerical value to a hazard or risk. This numerical value is used to indicate the severity of the hazard or risk and can be used to prioritize safety measures. The numerical values range from 1-5, with 1 being the lowest risk and 5 being the highest risk. 
  
  Tips & Tricks: 
  When assigning a numerical value to a hazard or risk, it is important to consider all factors that could affect the severity of the hazard or risk. Factors such as the likelihood of an incident occurring, the potential consequences of an incident, and any existing safety measures should all be taken into account when assigning a numerical value. 
  
  Related Information: 
  Risk rating is just one of many features available in SAP EHS Management. Other features include incident management, safety data sheet management, and hazardous material management. All of these features are designed to help users manage their safety processes more effectively and efficiently.