This Risk Management Calculator can be used to help understand the types of factors that might determine specific levels of risk. It is likely to be of greatest use for OER (Open Educational Resources) and other projects who want help to understand the types of variables which might affect their use of materials such as Orphan Works (works in copyright for which the rights holders are unknown or cannot be traced) http://www.jisc.ac.uk/publications/reports/2009/infromthecold.aspx
The Indicative Risk Value which is displayed is graded low, medium or high and is an entirely indicative value.
Risk management is not an exact science, and should always be approached with a full understanding of the issues affecting risk and the likely impact of such decisions. The purpose of this Risk Management Calculator is to provide a tool which you might use, as part of your risk assessment. 
 Further information and templates can be found at: www.web2rights.com/OERIPRSupport and http://sca.jiscinvolve.org/wp/

Step One: Select the type of work from the list below, for which you wish to ascertain the level of risk based .
Step Two: Select the criteria relevant to your work according to the drop down options which are available. These are the types of criteria which might affect the level of risk. This is not an exhaustive list. The Indicative Risk Value is calculated by a multiplication of the factors you have selected.
Step Three: Select the end use licence under which you will be making your content available to end users.
Step Four: An Indicative Risk Value will be displayed. You might use this Indicative Risk Value as one tool which can help you when you are assessing risk.  Depending upon the level of risk, you may choose to consider how the Indicative Risk Value might be reduced by selecting alternative content.
Step Five: If, having carried out an appropriate Risk Assessment, your project and/or institution decides to use the content, you should consider putting in steps to mitigate potential risks, such as “reasonable searches”, a Notice and Take Down Policy and Procedures, possible insurance and/or other operational and governance related measures. Further information and templates can be found at: www.web2rights.com/OERIPRSupport and www.web2rights.com/SCAIPRModule
Step Six: Repeat the process for each layer of content.


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Indicative Risk Level:
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