Difference between revisions of "Project Risks"

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__NOTOC__
 
__NOTOC__
 
{| style="width:100%"
 
{| style="width:100%"
|[[Main Page|Home]] > [[Project Manager]] > Risks
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|[[Main Page|Home]] > [[Project Manager]] > [[Project Portfolio]] > [[Project]] > [[Project_RAID|RAID]] > Risks
 
|style="text-align:right;"|[[:Category:Project Manager|Index]]
 
|style="text-align:right;"|[[:Category:Project Manager|Index]]
 
|}
 
|}
 
</div>
 
</div>
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[[File:pmProjectsMainTabsRaidRisksIcon.png|left|70px]]
 
{|style="width: 100%"
 
{|style="width: 100%"
 
|- valign="top"
 
|- valign="top"
 
|style="width:73%"|
 
|style="width:73%"|
  
==Introduction==
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== Introduction ==
 
Add and manage project risks
 
Add and manage project risks
 
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|style="width:5%"|
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== Related Articles ==
 
== Related Articles ==
* [[Project Manager Administration]]
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* [[Project|Project]]
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* [[Project Risk Matrix]]
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* [[Project RAID]]
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* [[Project Audit History|Project Audit History]]
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* [[Project Manager Administration|Project Manager Administration]]
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* [[Project Manager Simple Lists]]
 
|}
 
|}
  
==Add a new risk==
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== Adding risks to a project ==
 
 
 
Use the '''+''' icon to add a new risk to the project
 
Use the '''+''' icon to add a new risk to the project
  
* '''Name''': Provide a name for the risk
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* '''Name''': Provide a name for the risk.
* '''Description''': Provide a description of the risk
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* '''Description''': Provide a description of the risk.
* '''Weighting''': Assign the risk a weighting, this will allow you to calculate the overall risk for the project based on the number of risks and their weightings
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* '''Impact''': Pick an impact level for the risk.
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* '''Probability''': Pick the probability level for the risk.
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* '''Weighting''':  The Risk Weighting will automatically be set based on the combination of the chosen impact and probability settings as defined in the '''Risk Matrix''' in the admin tool.
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:: The weightings allow you to calculate the overall risk for the project based on the number of risks and their individually set weightings based on the '''Risk Matrix''' rules.
 
* '''Status''': Assign the risk a status to reflect it's current state.
 
* '''Status''': Assign the risk a status to reflect it's current state.
  
==Manage risks==
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Use the '''Add''' button to add the project risk
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== Managing risks on a project ==
  
 
Open an existing risk by clicking on the risk from the risk list view
 
Open an existing risk by clicking on the risk from the risk list view
  
* '''Weighting''': Increase or decrease the risk weighting if required
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* '''Weighting''': The Risk Weighting can be increased or decreased if the Risk '''Impact''' and or '''Probability''' fields are changed, this is governed by the '''Risk Matrix''' in the admin console
 
* '''Status''': Alter the status of the risk to indicate if it is still valid, or has been mitigated etc
 
* '''Status''': Alter the status of the risk to indicate if it is still valid, or has been mitigated etc
* '''Activity Stream''': Collaborate and discuss the risk by posting and comment on the risk activity stream
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* '''Activity Stream''': Collaborate and discuss the risk by posting and commenting on the risk activity stream
 
:* '''+ Follow''': Choose the Follow option to receive updates to the risks activity stream on your News Feed
 
:* '''+ Follow''': Choose the Follow option to receive updates to the risks activity stream on your News Feed
 
* '''Remove''': Delete a risk from the project using the '''Trash Can''' icon
 
* '''Remove''': Delete a risk from the project using the '''Trash Can''' icon
  
==List View==
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== List View ==
  
 
View project risks, by their name, status, weighting and who created them
 
View project risks, by their name, status, weighting and who created them
* Click on a risk to edit it's properties
 
  
Search the project risks from the '''Search''' field
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[[File:pmProjectsMainTabsRaidRisksListView.png|right|800px]]
* The search will look for a match with the risk name
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* Click on a risk to edit it's properties or edit their '''Impact''' and or '''Probability''' directly from the list
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* Search the project risks from the '''Search''' field
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:* The search will look for a match with the risk name
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* Filter the project risks using the '''Filter by Status''' option
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* Show project risks by the selected risk status
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Filter the project risks using the '''Filter by Status''' option
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== Chart View ==
* Show project risks by the selected risk status
 
  
==Chart View==
 
[[File:Project_Risks_Chart.png|right|400px]]
 
 
View the project risks in chart form, with each risk represented on the chart by it's weighting
 
View the project risks in chart form, with each risk represented on the chart by it's weighting
 
+
[[File:pmProjectsMainTabsRaidRisksChartView.png|right|800px]]
 
* Biggest Project Risk: The risk with the biggest weighting will be displayed
 
* Biggest Project Risk: The risk with the biggest weighting will be displayed
 
* Overall Project Risk: This will represent the % project risk, calculated from the total number of risks and their weightings
 
* Overall Project Risk: This will represent the % project risk, calculated from the total number of risks and their weightings
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== Line Chart View ==
  
 
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View a history of project risks and track their status and weighting over the project's lifecycle.
 
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[[File:pmProjectsMainTabsRaidRisksLineChartView.png|right|800px]]
 
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* View the risk history in list view by clicking the edit button.
 
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==Administration==
 
==Administration==
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Adding, removing and editing risks is audited, and available to review in the audit history tab on each '''Risk''' and also under the overall '''Project''' audit history view.
 
Adding, removing and editing risks is audited, and available to review in the audit history tab on each '''Risk''' and also under the overall '''Project''' audit history view.
  
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* Configure the risk matrix in the administration console
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* Add, Edit or remove the '''Impact''' and '''Probability''' options from the simple lists in the administration console
 
* Manage your project risk statuses from the '''Project Risk Status''' simple list in the administration console
 
* Manage your project risk statuses from the '''Project Risk Status''' simple list in the administration console
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[[Category:Project Manager]]
 
[[Category:Project Manager]]

Latest revision as of 11:26, 20 January 2021

Home > Project Manager > Project Portfolio > Project > RAID > Risks Index
PmProjectsMainTabsRaidRisksIcon.png

Introduction

Add and manage project risks

Related Articles

Adding risks to a project

Use the + icon to add a new risk to the project

  • Name: Provide a name for the risk.
  • Description: Provide a description of the risk.
  • Impact: Pick an impact level for the risk.
  • Probability: Pick the probability level for the risk.
  • Weighting: The Risk Weighting will automatically be set based on the combination of the chosen impact and probability settings as defined in the Risk Matrix in the admin tool.
The weightings allow you to calculate the overall risk for the project based on the number of risks and their individually set weightings based on the Risk Matrix rules.
  • Status: Assign the risk a status to reflect it's current state.

Use the Add button to add the project risk

Managing risks on a project

Open an existing risk by clicking on the risk from the risk list view

  • Weighting: The Risk Weighting can be increased or decreased if the Risk Impact and or Probability fields are changed, this is governed by the Risk Matrix in the admin console
  • Status: Alter the status of the risk to indicate if it is still valid, or has been mitigated etc
  • Activity Stream: Collaborate and discuss the risk by posting and commenting on the risk activity stream
  • + Follow: Choose the Follow option to receive updates to the risks activity stream on your News Feed
  • Remove: Delete a risk from the project using the Trash Can icon

List View

View project risks, by their name, status, weighting and who created them

PmProjectsMainTabsRaidRisksListView.png
  • Click on a risk to edit it's properties or edit their Impact and or Probability directly from the list
  • Search the project risks from the Search field
  • The search will look for a match with the risk name
  • Filter the project risks using the Filter by Status option
  • Show project risks by the selected risk status






Chart View

View the project risks in chart form, with each risk represented on the chart by it's weighting

PmProjectsMainTabsRaidRisksChartView.png
  • Biggest Project Risk: The risk with the biggest weighting will be displayed
  • Overall Project Risk: This will represent the % project risk, calculated from the total number of risks and their weightings













Line Chart View

View a history of project risks and track their status and weighting over the project's lifecycle.

PmProjectsMainTabsRaidRisksLineChartView.png
  • View the risk history in list view by clicking the edit button.


















Administration

Adding, removing and editing risks is audited, and available to review in the audit history tab on each Risk and also under the overall Project audit history view.

  • Configure the risk matrix in the administration console
  • Add, Edit or remove the Impact and Probability options from the simple lists in the administration console
  • Manage your project risk statuses from the Project Risk Status simple list in the administration console