Risk Register — Risk & Change — Workspace
Assess and manage project risks with probability-impact scoring
Overview
The Risk Register captures and manages project risks using a structured
probability x impact scoring system. Each risk is scored on
a 1-5 scale for both probability and impact, producing a risk score that
determines the risk level. Risks can be linked to mitigation tasks and
deliverables, and the system tracks both initial and residual risk after
mitigation actions are taken.
Risk Register list color-coded by risk level
Risk Register list color-coded by risk level
Registering a Risk
Click Add on the Risk Register page:
Title — a descriptive name for the risk.
Description — detailed explanation of what the risk is.
Probability (1-5) — how likely the risk is to occur.
Impact (1-5) — how severe the consequence would be.
Response Strategy — Avoid, Mitigate, Transfer, or Accept.
Mitigation Plan — how the risk will be addressed.
Risk Owner — the person responsible for managing this risk.
Review Date — when the risk should next be reassessed.
Deliverables — which scope items are affected.
Tags — categorization (e.g. "Procurement", "Schedule", "Technical").
The risk score is auto-calculated as Probability x Impact.
Risk cre…