Each project or task contains a risk register, to record, manage and progress project risks. Risks should be identified and reviewed throughout the lifetime of a project.
Risks are assessed with regard to likelyhood and impact then assigned a risk score calculated from this. Mitigation action plans map out how this risk will be managed, reduced, eliminated or accepted, then a further assessment of likelyhood and impact is made. Sub-projects may be assigned to a risk where this assists the mitigation plan.
All risks have an assigned owner, and active risks show up in a panel on the user's home page or dashboard.
A system wide risk register is also available in the reports module.
