Creating AI-Generated Risk Entries in SysRisk

SysRisk is revolutionizing the way users manage risks by allowing the creation of dynamic risk entries with ease and efficiency. With the integration of AI, users can generate comprehensive risk documentation with just a click, enhancing both accuracy and speed. Below is a step-by-step guide on how to utilize this feature within SysRisk.

Step-by-step Procedure for Creating AI Generated Risk Entries

  1. Log In
  • User Action: Begin by logging into your SysRisk account.
  1. Navigate to the Appropriate Module
  • User Action: Once logged in, go to the Enterprise Risk Management (ERM) or Project Risk Management (PRM) module homepage.
  1. Access the Risk Control Page
  • User Action: From the module homepage, navigate to the AIRA (AI Risk Assistant).
  1. Filter Risk Resolutions
  • User Action: Stay on the Identify New Risk tab. Locate the section labeled “Filter Risk Resolutions.” Here, select the appropriate risk category/project/framework, industry sector and a key requirement of the intended risk entry.
  • Click on: “Search” to generate a list of relevant risk entries based on your description.

 

  1. Review Search Results

System Response: The table below the filter box will populate with multiple entries matching the provided description.

  • User Action: If you find a suitable entry, click “Accept.”
  1. Accept AI Generated Entry
  • Action: After accepting, a subpage titled “Risk Item Details” will open.
  • User Action: At the bottom of the subpage, check the checkbox to confirm your acceptance of the AI generated entry.

 

  1. Create a New Entry

    User Action: you will be directed to a new page that resembles the risk entry page, with fields prefilled by AI.

    User Action: Fill in the additional required fields, such as:

  • Description
  • Owner
  • Assignee
  • Monitor
  • Risk Score
  • Costs

Similar to a manual risk entry, you can either save the risk for later editing. The risk item will reside in risk entry page. From there, it must be saved again and sent for approval for further operations.

Procedure for AI Generated Enhancment of Existing Risk Entries

User Action: On the AIRA page, switch to the Discover Risk Resolution tab. Here, users will see a complete list of all risk entries associated with that particular module.

Action: Select the desired risk entry and click on Search for Risk Resolution.

  1. Review Resolution Suggestions

System Response: A list of suggested resolutions will be generated and displayed below based on the selected risk entry.

User Action: Review the suggestions and click Accept on the most appropriate resolution.

 

  1. Apply Resolution to Risk Entry   

Action: Once accepted, the selected resolution will automatically be added to the risk entry for further processing or submission.

 

By utilizing the AI generated risk entry feature in SysRisk, users can streamline their risk management processes, enhancing efficiency while ensuring comprehensive documentation. With just a few clicks, creating dynamic and accurate risk entries has never been easier. This powerful functionality empowers users to focus more on risk analysis and less on administrative tasks, ultimately improving risk management outcomes.

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