Risk register and issue management
A risk register is a set of all risks and issues in the project.
Issues are risks that have occurred and therefore are having an
actual affect on your project. You can easily convert risks to
issues. You can open and close risks. Closed risks and issues will
stay in the risk register but will not affect the project. Risks in
the risk register may have different properties. You may define any
properties for all projects. Among the properties available are
owner, recorder, contact, date recorded, date converted to issue,
location, etc. Risks and issues are fully searchable based on risk
properties.
Risks and issue can be assigned to different tasks and resources or
be global. For example, you could assign the risk “Budgetary
problem” to all tasks that this risk could affect. When RiskyProject
calculates probability and impact of the risks, it analyzes all risk
assignment. Each risk assignment will have different chance of
occurrence and outcomes. For example, “Budgetary problems” assigned
to task “Project elaboration” will have chance of occurrence 30% and
outcome “Restart task”. “Budgetary problems” assigned to task
“Project transition” will have chance of occurrence 40% and outcome
“Cancel task” .
The risk register presents calculated risk impact, risk probability
and risk score, which is equal probability multiplied on impact. The
risk register also shows probability, calculated impact and score of
the risk after mitigation.
The risk register can be exported and used for other projects.
See also
Risks in RiskyProject
Risk Register
|