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Recommendation Cost Analysis Explained
Recommendation Cost Analysis Explained

Combining Recommendation Criticality and Costs to determine where new money will be spent.

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Written by Ronjit Mukherjee
Updated over a week ago

Why is it important?

The Recommendation Sequencer module looks only at the criticality of Recommendations and provides a prioritized view of those recommendations helping you understand which ones to do first, last or not at all. We have extended this module to include Cost Analysis because many companies are unaware of the high cost of implementing recommendations which provide little or no Risk Reduction value.

How does it work?

Each Recommendation is assigned a cost value based on one of two methods:

  1. Cost based on Recommendation Category as determined by your system administrator and set in the Corporate Settings module or;
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  2. Customized cost based on the specific recommendation, modified from the Recommendation Sequencer module.

In either method, the Cost Analysis module will total the cost of all recommendations falling in a specific criticality range (e.g. 250 - 499) and display the total cost in a stacked bar on the graph. Recommendations are grouped within each bar and are colored based on their Recommendation Category.

Recommendations are grouped into Criticality Range bars as follows (left to right):

  • > 500

  • 250 to 499

  • 50 to249

  • 20 to 49

  • 10 to 19

  • 5 to 9

  • 2 to 4

  • 1 to 1.9

  • > 0 to 0.9

  • 0 (zero)

Each bar may include one or more Recommendations from one or more Recommendation Categories. The colors of each bar indicate which Categories are represented. Remember, a single color in a bar may include multiple Recommendations of that same category..

What's Next?

Learn how to use Recommendation Sequencer with our HOW TO article

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