What is the Risk Management module?
Enaimco’s Risk Management module lets your organization define how asset risk is evaluated and tracked. The risk level for each asset is calculated using:
Component | Description |
Consequence of Failure (CoF) | The severity of impact if the asset fails. |
Likelihood of Failure (LoF) | The probability of failure based on known threat mechanisms. |
Risk Matrix | A configurable matrix that combines CoF and LoF to determine risk level. |
Control Activities | Inspection or monitoring actions tied to specific risk profiles. |
This creates a consistent, transparent, and auditable approach to asset integrity decisions across your subsea field.
Where to Begin
Follow this recommended setup order:
Configure the Risk Matrix
Configure Consequence of Failure (CoF) ranges for asset types
Create Threat Categories & Failure Mechanisms per asset type
Assign Control Activities
Set Control Activity Frequencies based on risk level
Apply Baseline Assessments to assets
You can review Risk status for any asset under Risk → Overview.
Next steps: Configuring your Risk Matrix