Risks represent what we are concerned might happened. The platform exposes the risks of a team in order to:

• Have somewhere to store and expose what might go wrong
• Better understand and align around why things can go wrong, how and what the consequences are
• Expose which mechanisms we have put in place in order to mitigate the risk (i.e. policies, processes, checklists, responsibilities, etc)

Risk state

A risk can be in one of the following states:

• Suggested: Someone has suggested a risk that requires managing
• Considering: The team is considering mitigating the risk
• Mitigating: The team is working towards mitigating the risk
• Managing: The team is comfortable managing the risk

Severity

Some risks are more severe than others.

In order to better prioritize which risks need to be addressed first, the platform exposes the severity of a risk. The severity is calculated based on the impact and probability of a risk, in accordance with the following matrix:

Risk views

The risks of a team can be presented in different views. To change the view, select the desired view from the list of views to the right of the header:

The available views are:

Categories

Lists risks grouped by risk category, sorted alphabetically. This is the default view.

Severity

Lists risks grouped by severity, sorted descending by level of severity.

Unmanaged risk across the organization

To view the unmanaged risks across all teams, go to Organization > Dashboard > Unmanaged risk.

The unmanaged risks report is only available to platform admins.