Identifying risks

This topic guides you on how to enter risks related to demand.

These operations can be performed by the Demand Contributor creator of the demand (if the demand status is 'Draft' or 'Requested'), the Demand Manager of the demand, the Portfolio/Program Manager of the portfolio/program and Portfolio Master.

Once demand is 'Assessed' status, it is not allowed to enter or edit risks.

To add a new risk

1. Log in to the Portfolio Management application
2. Navigate to Workspaces > Demands.
3. To open a Demand on the Demands workspace, click the required demand ID.
4. Go to the Risk tab and click the Add Risk button.

5. On the create Risk page, enter the values for the following fields:

   Field Labels	Description
   Summary	A short summary with details about risk.
   Status	New, Under Investigation, Mitigated, Excepted, Irrelevant.
   Mitigated Notice	Few details on the mitigation plan.
   Description	A short risk description.
   Area	Business, Employee, Financial, Satisfaction, Service.
   Impact	High, Medium, Low.
   Risk Value	Values between 1-5, 5 being defaulted.
   Calculated Risk	Populated based on risk value and impact.

6. Click Save.

To update a risk

1. Log in to the Portfolio Management application
2. Navigate to Workspaces > Demands.
3. To open a Demand on the Demands workspace, click the required demand ID. 
4. Go to the Risk tab and click the required risk ID of the list.
5. On the risk details page, click Edit,
6. Apply changes in the risk fields.
7. Click Save.