This feature helps develop a risk register at Organisational and/or Project level, and to use this to better manage identified risks.
A Project Manager can register Risks per Project:
- A Raw Risk score is calculated based on two important parameters (Impact & Likelihood)
- Risks can be assigned and control measures identified.
- A Net Risk score is calculated based on the agreed impact after the control measures have been put in place
- Staff who have been assigned a risk item will be able to view this
A Divisional Administrator can Register Strategic Risks at Company Wide Level:
- A Raw Risk score is calculated based on two important parameters (Impact & Likelihood)
- Risks can be assigned and control measures identified.
- A Net Risk score is calculated based on the agreed impact after the control measures have been put in place
- Staff who have been assigned a risk item will be able to view this
Key Functions |
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- Company Risk Register (Strategic)
- Individual Projects Risk Register
- Dashboard of Risks reflecting Raw and Net risk scores with R-A-G status
- Assigning Risk items to individuals
- Control Measures with target dates
- Add documentation as Portfolio of Evidence
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