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  1. Introduction
    1. Licensing
    2. System Requirements
    3. Setup and Installation
  2. Getting Started
    1. Creating the Database
    2. RM Studio Users/Contacts
    3. Email Configuration
    4. Web Module Setup
    5. Web Module Update
  3. Navigating RM Studio
    1. Main Menu
      1. Save Function
      2. Import External Data
        1. Import Assets
      3. Clear User Cache
      4. Security
      5. Properties
      6. Languages
      7. Registration
      8. User Manual
      9. Manage Checkouts
      10. About
      11. Application Style
    2. Navigation Tree
    3. Tabs
    4. The Grid
    5. Context & Flow
  4. Common Entities
    1. Business Entities
      1. Asset Details - Basic Information tab
      2. Asset Details - Risks tab
      3. Asset Details - Categories tab
      4. Asset Details - Business Entities tab
    2. Contacts
    3. Teams
    4. Categories
    5. Assets
    6. Threats
    7. Standards/Controls
      1. How to: Standards, Regulations, Controls
      2. Standards Implementation Comparison
    8. Documents
  5. Gap Analysis
    1. How to: Gap Analysis
    2. Reporting
  6. Risk Assessment
    1. How to: Risk Assessment
      1. Working with Assets
      2. Evaluation Values
      3. Evaluating Risks
      4. Various Definitions
      5. Risk Assessment Reporting
    2. Evaluation Templates
    3. Risk Owner Web Solution
  7. Web Module
    1. Dashboard
    2. My Tasks
    3. Reports
    4. Standards/Regulations
    5. Documents
    6. Incidents
    7. Risk Owner Web Solution
  8. Control Maturity and Effectiveness Assessment
    1. Control Assessment Templates
    2. Reporting
  9. Risk Treatment
    1. How to: Risk Treatment
      1. Risk Treatment Templates
      2. Risk Criteria
      3. Asset Level
      4. Controls Tab
      5. Scheduling a Future Control
      6. Future Controls Tab
      7. Overview
      8. Reload Assets, Threats and Controls
    2. Risk Treatment Reports
  10. STPA
    1. Intro to Models, Diagrams, Analyses
    2. STPA Projects
    3. Models and Diagrams
      1. How to: Create HCS Models
      2. How to: Create HCS Diagram
        1. Diagram Elements
    4. Performing the Analysis
      1. Setting up the Analysis
      2. System Level Hazards and Losses
      3. Step 1
    5. Reporting
  11. Business Continuity Management Module
    1. Organization
      1. New Organization
      2. Stakeholders
      3. Resources/Processes
        1. Impact Analysis
        2. Requirements
    2. Incident Response/Recovery
      1. Associated Threats
      2. Plans
        1. Steps
      3. Maintenance
        1. Test plans
        2. Test Results
    3. Templates
    4. Maintenance
    5. Reports BCM
  12. Database Settings
    1. Database Upgrade
    2. Add Existing
    3. Remove
    4. Migrate
    5. Backup
    6. Restore
  13. Glossary
  14. Calculations

4.1.Business Entities

RM Studio uses the Business Entity to clarify the principle part of the scope of the risk assessment. In RM Studio a Business Entity can be the corporate body as a whole, organization, university, a specific department, division of the company, critical project or subsidiary of the company, etc.

Every Risk Assessment, Gap Analysis, Control Maturity/Effectiveness Assessment, Risk Treatment and Business Continuity Plans require a Business Entity. Therefore, one of the first tasks you need to complete when starting to use RM Studio is to define your Business Entities, keeping in mind your scope of work for the project.

The release of RM Studio version 5.4 has introduced an expansion of the Business Entity(BE) capabilities and structure. You now can create a hierarchical Business Entity structure and define sub-Business Entities under your principal BE. You can also file assets under specific BEs or share the common Assets between BEs, as well as associate Risks with Assets of a Business Entity prior to Risk Assessment.

It is important to note that Categories are associated directly with the Asset, but Risks are associated with the Asset within a Business Entity. If the Asset is shared between multiple Business Entities, the Asset can have different Risks for each Business Entity. An Asset can’t have associated Risks unless it is within a Business Entity.

How to: Create a Business Entity

  1. In the navigation tree under the Common, double click Business Entities to open in the work space to the right.
    The Business Entities toolbar has 5 items: Refresh, Add New BE, Add sub-BE, Delete, Copy.
  2. Left click the icon to make a new entity.
  3. Left click the Name ‘New Business Entity’ and input a unique name and additional information along with a Description.
  4. Save the new Business Entity by clicking the icon next to the main menu or use the keyboard shortcut ‘Ctrl+S‘.

The v5.4 release brings the capability to add Assets directly under individual Business Entities. To learn more about managing your Assets in RM Studio go to the Assets.

 

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