The following configurations can be made

Risk Types:

• Categorizes the different types of risks/hazards to be tracked in the system as displayed in the ideas performance tab. e.g. Business/Financial Risks, Health/Safety/Environmental Risks, etc.

Probability/Likelihood:

• Specify the different probabilities that can be assigned to a risk. This is the likelihood of the risk/hazard occurring. e.g. Rare, etc.
• The ability to reorder can be done by using the position column.

Consequences:

• Specify the different consequences (levels of impact) that can be assigned to a risk/hazard. 
• The ability to reorder can be done by using the position column.

Severities:

• Specify the different severities in the system. That is the amount of damage or harm a risk/hazard could cause. 

Severity Matrix:

• Specify the matrix to assign the severity a risk should be given based on the probability and consequence.