Begin of the insertion### Risk register

End of the insertion * Begin of the insertionUsers can create and describe a risk with built-in and custom fields, including.

* Each risk includes two built-in numeric fields:End of the insertion Begin of the deletion Separate project moduleEnd of the deletion

* Begin of the insertion`Likelihood` (1–5 scale)End of the insertion Begin of the deletion Activates the work package type "Risk" when activated in a projectEnd of the deletion

* Begin of the insertion`Impact` (1–5 scale)


### Scoring

* We calculate

* **Initial Risk Score** = Likelihood × ImpactEnd of the insertion Begin of the deletion Activates the required custom fields when activated in a projectEnd of the deletion

* Begin of the insertionWe derive a **Residual Risk Score**, either:End of the insertion Begin of the deletion New "protected" work package type "Risk"End of the deletion

* Begin of the insertionManually entered, orEnd of the insertion Begin of the deletion Can not be deletedEnd of the deletion

* Begin of the insertionCalculated from linked controls/treatments


### Risk Treatment and Actions

* Users can add multiple **Actions** and **Treatment Items** to each risk.

* These items could define deltas on likelihood and impact, causing an observable reduction of the risk over time

* These items couldEnd of the insertion Begin of the deletion Can notEnd of the deletion be Begin of the insertionwork packages or other items

End of the insertion Begin of the deletion renamed (and is automatically translated)

End of the deletion * Begin of the insertionResidual risk values can be shown and visualized


### Workflow and Status

* End of the insertion Risk Begin of the insertionitems follow a preconfigured status workflow

* Changes to theEnd of the insertion attributes are Begin of the insertionjournalized

End of the insertion Begin of the deletion "protected" custom fields

End of the deletion * Begin of the insertionRisks canEnd of the insertion Begin of the deletion Can notEnd of the deletion be Begin of the insertioncommented on

* A risk has an owner, and should receive notifications


### Reporting

* All changes to:

* StatusEnd of the insertion Begin of the deletion deletedEnd of the deletion

* Begin of the insertionRisk scores

* Linked items

* are logged for traceability.

* PDF Reports canEnd of the insertion Begin of the deletion Can notEnd of the deletion be Begin of the insertiongenerated by:

End of the insertion Begin of the deletion renamed (are automatically translated)

End of the deletion * Begin of the insertionStatus

End of the insertion Begin of the deletion Impact

End of the deletion * Begin of the insertionOwner

End of the insertion Begin of the deletion Probability

End of the deletion * Risk Begin of the insertionscore


### Project Integration

End of the insertion Begin of the deletion value (Calculated

End of the deletion * Begin of the insertionRisks are linked to a project or sub-project.

* Optional linking to:

* Work packages

* Meetings

* Documents


### 9\. User Permissions

* Permissions configurable by role:

* View risks

* Manage Risks

* TBD: Additional more fine-grained permissions

<br>End of the insertion Begin of the deletion Risk management widget for Overview/DashboardEnd of the deletion