Risks

New Risk

1.

From the Select Actions drop-down list, choose New Risk. The Risks window displays.

2.

Complete the fields, referring to the table below.

3.

When all selections/entries are made, click Add.

Risk Register Fields

Field	Description
Name	Generic name for this risk.
Description	Information that describes this risk.
Projects	The project to associate with the risk. Click Add, then search for and select the applicable project.
Owner	An individual responsible for ensuring that risks are appropriately engaged with countermeasures undertaken. Click Add, then search for and select the applicable owner.
Changes	The change to associate with the risk. Click Add, then search for and select the applicable changes.
Impact Level	Provides an assessment of the impact that the occurrence of this risk would have on the project/change. Options include Very Low, Low, Medium, High, and Very High.
Probability	Provides an extent on how likely this risk will occur. Options include Very Low, Low, Medium, High, Very High, Issue and Blocker.
Status	Indicates the current state of a risk. The statuses of risks are New, Planning, Action, Pending, Resolved, Deferred and Deleted.
Type	Risks are classified into different categories based on the potential impacts like Customer, External customer, Management, Organization and Technical risks.
Strategies	Actions to be taken to avoid, mitigate, accept, or transfer the risk.
Trend	Provides an analysis on whether the risk is going to be Static, Decreasing or Increasing.
Trigger	Indicates the specific conditions when this Risk or Issue is realized.
Impacts	Indicates the impact to the project or program. Usually expressed in terms of cost, schedule and quality.
Source	Provides information about from where and how this risk/issue was first raised.
Info	Additional information that helps in describing the risk is documented.

Edit Risks

Not all functions include an option to edit record line items shown in the main window.

1.

Navigate to the window containing the record to edit.

2.

Click the line containing the record. The applicable window or dialog box displays.

3.

Make the necessary modifications.

4.

Click Save or Add, as applicable.

When editing an existing item, other options may be available, such as adding Tasks, Comments, and Attachments and viewing History.

The options change based upon the function; therefore, not every option may be shown.

Delete Risks

Deleting is a permanent action and cannot be undone. Deleting may affect other functionality and information in the application such as data in configured reports, fields in windows, selectable options, etc. Therefore, be sure to understand the potential effects before making a deletion.

1.

Click the line that contains the item to delete.

2.

From the Select Actions drop-down list, choose Delete. If a confirmation message is displayed, take the appropriate action (for example, click OK or Continue).