System and methods and risk evaluation using an object measure-value in strategic planning

A computer-readable medium storing computer-readable instructions that, when executed by a computer, cause the computer to perform a method of risk evaluation, the method comprising:

• accessing an object, stored in memory, wherein the object is a component of a score-card and includes an object risk status and an object measure-value;
• receiving an assignment structure;
• assigning, based on the assignment structure, at least one risk to the object, wherein each risk includes a plurality of threat levels and an expectation value derived from the plurality of threat levels;
• receiving a probability for each threat level within each assigned risk, wherein the probability is associated with a deviation-value of the object measure-value;
• defining a probability distribution matrix based on the plurality of threat levels within each risk, wherein a row is created in the matrix for each threat level and each row includes the threat level, the deviation-value, and the probability, the deviation-value having a value type selected from the group of absolute number, absolute delta, percentage and percentage delta;
• determining the expectation value for each risk based on the probability distribution matrix;
• determining the object measure-value based on the expectation-value of each risk;
• determining the object risk status using pre-defined rules and based on an aggregation of each expectation-value corresponding to each risk assigned to the object;
• storing the object in the memory in response to determining the object risk status;
• and
• presenting the object-measure value and the object risk status.

A risk evaluation system comprising:

• at least one memory for storing an object, a risk at least one risk, and an assignment structure;
• at least one processor for executing program instructions for accessing an object, wherein the object is a component of a score-card stored by the at least one memory and includes an object risk status and an object measure-value, and assigning, based on the assignment structure, at least one risk to the object, wherein each risk includes a plurality of threat levels and an expectation value derived from the plurality of threat levels;
• a bus for receiving a probability for each threat level within each assigned risk, wherein the probability is associated with a deviation-value of the object measure-value;
• the at least one processor for executing program instructions for defining a probability distribution matrix based on the plurality of threat levels within each risk, wherein a row is created in the matrix for each threat level and each row includes the threat level, the deviation-value, and the probability, the deviation-value having a value type selected from the group of absolute number, absolute delta, percentage and percentage delta;
• the at least one processor for executing program instructions for determining the expectation value for each risk based on the probability distribution matrix;
• the at least one processor for executing program instructions for determining the object measure-value based on the expectation-value of each risk;
• the at least one processor for determining the object risk status using pre-defined rules and based on an aggregation of each expectation-value corresponding to each risk assigned to the object;
• and
• the bus for storing the object and presenting the object-measure value and the object risk status.