Creating And Managing Controls
Key Functionality: Creating And Managing Controls
MKinsight allows each Risk to have a range of Controls documented and monitored. Controls fall into three broad categories:
- Regular Controls (specific to the Risk in question)
- Standard Controls (applicable to multiple Risks)
- Proposed Controls (to be implemented in the future)
Controls can be recorded and managed and therefore carry a range of information such as:
- Control Name
- Control Description
- Fully Definabe Fee Text Fields
- Status
- RAG Status
- Review Dates
- Cost Of Implementation (for proposed controls)
- Status Of Implementation (for proposed controls)
- Etc...