Create a Risk

When a risk event is recognized on a project or operational activity, it should be created to account for in project planning.

1. Select Risk

1. Select the Project Menu.
2. Select Risk.

2. Create New Risk

From the Risks page of the project, you have three options available for adding a Risk to your project:

• New Project Risk: Opens a new Risk record to be completed and Save
• Quick Add - New Project Risk: Enter the title of the Risk and select Quick Add to create a Risk with just the subject defined.
• Link to an Existing Risk: Type a couple key words of an existing Risks and select from the found records

For this article we will focus on the New Project Risk option.

2.1 Optional Risk Create Method

• From any page, select the Create menu in the upper right corner and select Risk.

Note:  With this creation method you will need to manually associate the new Risk with one or more existing projects.  When a risk is created from a project record, it is automatically associated with that project.  

3. Define Subject and Applicable Fields

Define the available fields as required by your organization.  Progress and developments observed during the management lifecycle of the Risk can be recorded as Comments or status updates in the Status Log.

Subject: text field

Risk Category: pick list

Severity: pick list

Reported By: Eclipse resource

Date Reported: date

Impact: pick list

Impact Description: text field

Probability: pick list

Impact Magnitude: text field

Status: pick list

Owner(s): Eclipse resource(s)

Strategy: text field

Description: text field

Status: text field

Comments: add comments for further collaboration and communication

4. Save

• Click Save.