This is not an average of asset risk scores.
Algorithm steps
- Determine the band range: Identify the appropriate band by examining the highest leading integer among the asset risk scores:
- Low: 0–4
- Medium: 4–6
- High: 6–8
- Critical: 8–10
- Calculate the sum of risk scores: Add together the risk scores of all assets.
- Compute the risk-score-to-worst-case ratio: Divide the total risk score by the worst-case score (where every asset has a risk score of 10).
- Adjust within the band*: Use the risk-to-worst-case ratio to place the score inside the selected band.
- Set decimal precision: Round the final risk score to three decimal places for consistency.
- Band range: Highest score is 10, so the band is Critical (8–10)
- Sum of scores: 10 + 9 + 8 = 27
- Risk-to-worst-case ratio: 27 ÷ 30 = 0.9
- Band adjustment: 8 + (0.9 × 2) = 9.8
- Final score: 9.8