Instead of just static reports, develop an using automated KRIs.

Maintain a repository of historical risks and "near-misses" to help teams recognize recurring patterns. 2. Assessment & Prioritization Logic

For financial features, automate the Annual Loss Expectancy formula ( 3. Key Risk Indicator (KRI) Monitoring

Build calculations that show the risk level before controls (Inherent) and after current safeguards are applied (Residual).

Include a module that evaluates risk based on and Impact .

The feature must allow users to capture risks from four primary sources: people, processes, systems, and external events.