SAP ABAP IMG Activity /ORM/ORMV_TIMEFR (Maintain Speed of Onset)
Hierarchy
GRCFND_A (Software Component) GRC Foundation ABAP
   GRC-RM (Application Component) GRC Risk Management
     /ORM/ORM_CUSTOMIZING (Package) ORM Customizing
IMG Activity
ID /ORM/ORMV_TIMEFR Maintain Speed of Onset  
Transaction Code /ORM/30000017   (empty) 
Created on 20040513    
Customizing Attributes /ORM/ORMV_TIMEFR   Timeframes 
Customizing Activity /ORM/ORMV_TIMEFR   Maintain Speed of Onset 
Document
Document Class SIMG   Hypertext: Object Class - Class to which a document belongs.
Document Name /ORM/TIMEFRAMES    

Use

In this Customizing activity, you define the speed of onset for risks. The speed of onset refers to the time horizon in which you expect the risk to occur. This time horizon can change over time, becoming less as the risk event comes nearer. In this way, you can define several values for the speed of onset, as it changes over time.

The speed of onset can help you determine which risks are likely to occur soonest and therefore need more urgent action than other risks. This means that you can use the speed of onset to help assess the risk event.

You specify numeric values for time periods in which action is required to respond to a risk. These values are used in determining risk response times. The following are standard values, which you write into the description field:

  • Short         = 1 to 3 years
  • Medium     = 4 to 5 years
  • Long         = more than 10 years

Note: An organization should ensure that all risk assessments are made over the same period of time.

You must also enter a numeric score for rating the speed of onset. This is used for calculating the speed of onset if data is entered in the application using the scoring method. The scoring data is then also available in RM reporting.

Standard settings

Activities

  1. Click on New Entries and enter a value for the speed of onset. You can also enter an asterisk to designate a "generic speed of onset".
  2. Enter a speed of onset score as a numeric value corresponding to particular speed of onset. For a longer speed of onset you should specify a higher score.
  3. Enter a description for the entry.
  4. Save the entry.

Example

Business Attributes
ASAP Roadmap ID 201   Make global settings 
Mandatory / Optional 1   Mandatory activity 
Critical / Non-Critical 2   Non-critical 
Country-Dependency A   Valid for all countries 
Maintenance Objects
Maintenance object type C   Customizing Object 
Assigned objects
Customizing Object Object Type Transaction Code Sub-object Do not Summarize Skip Subset Dialog Box Description for multiple selections
/ORM/ORMV_TIMEFR V - View SM30  
History
Last changed by/on SAP  20090120 
SAP Release Created in