Risks Tab

Risks are now reported at the investment level for each of the 14 identified Risk Areas.

Notes:

• The values for ‘Active Risk’, ‘Risk Probability’, ‘Risk Impact’, and ‘Risk Score’ for each Risk Area roll up from the individual Project Risk level- only the Risk with the greatest risk score (or impact) will be reported.
• Risk Scores are automatically calculated in the system based on the Probability and Impact values.
• The Mitigation Strategy/Contingency Plan field is required for Risks/Risk Areas with a score greater than or equal to 10.

1. To edit the Risk Area 'Mitigation Strategy/Contingency Plan', select the 'Edit' option from the Actions column in the Risk Area table.

2. To add a new individual project risk, select the 'Add Risk' option from the Actions column in the Risk Area table, as displayed above.

• Fill out required fields and select 'Save' button at the bottom of the modal when done.

3. To edit an existing Project Risk, select the 'Edit Risk' option from the Actions column in the Individual Risk table.

4. To delete an existing Project Risk, select the 'Delete Risk' option from the Actions column in the Individual Risk table.

• Confirm that the Risk should be deleted by selecting 'Yes' in the pop-up confirmation modal.