Create a risk parameter The risk on a software model is calculated based on four preconfigured parameters such as external aging risk, internal aging risk, external stage risk, and internal stage risk. Before you beginRole required: sn_apm.apm_admin About this taskIn addition to the preconfigured parameters, you can also create risk parameters as per your business application requirements and the software models that it is based on. However, if you create a parameter, then you must also write a script with the logic to calculate that parameter risk. Procedure Navigate to Application Portfolio Management > Administration > TPM Risk Parameters. Click New or open a record. Fill in the form fields. Table 1. Risk Parameter form Field Description Name Name of the risk parameter. Description A short description of the risk parameter. Active Enable the check box to make the risk parameter active. Script Create a script that calculates the risk of the software model and the risk of the business application and schedule it to run daily. Click Submit or Update. What to do nextAfter creating the risk parameters run the TPM risk engine to load the risk parameters and compute the business service risks.