When a Risk has been completed, it will change status to ‘Complete (Verification Required)’.
This Verification is designed so an administrator can review and approve the details of the Risk Assessment, as well as determining the frequency and responsibility for Auditing the Controls Measures specified.
You can find all Risk Assessments that contain a Risk with this status by selecting the orange Status Square ‘Required’, and then selecting ‘Complete Verification Required’.
To begin the Verification, select the risk assessment to expand it, and select the Risk underneath which requires the Verification.
This will open the Risk Assessment to Step 4, where you can select the Risk to expand it and view the details.
Two new fields are present for the Verification process for determining the frequency and responsibility for Auditing each of the Controls Measures. These are found in the Root Cause Table, under the Effectiveness column.
Once an Audit Frequency and Auditor has been selected, and the detail in the Risk has been reviewed and verified, you can select ‘Yes, Verified’.
If the Risk requires Rework, you can select this and add a note which the Risk Assessment Owner will be notified with.
Once Verified, you can select ‘Save and Close’ to return to the Dashboard.
Risks Assessments with all their Risks in the status of ‘Verified’ will display a green status of ‘Complete’.