Risk Management

Risk Management

Comprehensive risk identification, assessment, and management platform

What is Risk Management?

The Risk Management module provides a structured approach to identifying, assessing, and managing risks across your organization. It enables you to conduct risk assessments, document identified risks, register risks for ongoing tracking, and implement treatment strategies to mitigate or accept risks.

Risk Assessments

Plan and execute structured risk assessments with defined scope, context, criteria, and team assignments.

Risk Registry

Maintain a centralized repository of registered risks with ongoing tracking, treatment plans, and lifecycle management.

Risk Management Workflow

1

Create Risk Assessment

Define assessment scope, context, and criteria. Assign assessors and participants.

2

Identify Risks

Document risks within the assessment, including likelihood, impact, and risk scores.

3

Register Risks

Move identified risks to the Risk Registry for ongoing tracking and management.

4

Monitor & Mitigate

Track risk treatment progress, update risk scores, and manage risk lifecycle.

Key Features

Risk Assessments

Plan and execute risk assessments with defined scope, criteria, and team assignments.

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Risk Registry

Centralized repository for tracking registered risks, their status, and treatment plans.

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Team Collaboration

Assign assessors, participants, and risk owners for effective risk management.

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Risk Scoring

Calculate risk scores based on likelihood and impact using configurable risk levels.

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Treatment Options

Define and track risk treatment strategies including mitigation and acceptance.

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Configuration

Manage risk classifications, priorities, types, and risk level options.

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Getting Started

Quick Start Guide
Follow these steps to begin managing risks in your organization
1

Configure Risk Framework

Set up your risk management framework by configuring risk classifications, priorities, risk types, and risk level options in the Risk Settings page.

2

Create Your First Assessment

Navigate to Risk Management → Create Assessment. Define the assessment scope, context, criteria, and assign team members.

3

Identify and Document Risks

Within the assessment, add risks by documenting likelihood, impact, risk scores, and treatment options.

4

Register Risks

Move identified risks to the Risk Registry for ongoing tracking, monitoring, and treatment management.

Navigation Guide

Risk Management

Access from the sidebar: Risk Management

  • Dashboard - Overview of risk metrics
  • Assessments - List and manage risk assessments
  • Create Assessment - Start a new assessment
  • Risks - View risks within assessments
  • Classifications - Manage risk classifications
  • Priorities - Configure risk priorities
  • Risk Types - Manage risk type options
  • Risk Level Options - Configure risk levels
  • Settings - Risk framework configuration
Risk Registry

Access from the sidebar: Risk Registry

  • Dashboard - Overview of registered risks
  • Risks - Manage registered risks
  • View risk details and treatment plans
  • Track risk lifecycle and status
  • Monitor mitigation progress

Next Steps

Risk Assessments

Learn how to create and manage risk assessments

Learn About Assessments

Risk Registry

Learn how to register and manage risks

Learn About Risk Registry

Need Help?

Our support team is here to help you with risk management.