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      Risk Management in edison365

      Keeping tabs on - and managing - your risks is a fundamental part of project delivery. So, here's how to set up your all-important risk register in the Core App.

      HubSpot Video

      How to Set Up a Risk Register

      standard table 1-1Head to the Admin panel and select the "Fields" button.

      Within here, we recommend creating fields for:

      • Risk severity
      • Risk probability
      • Risk impact.

      It's a good idea to have these configured as either number or percentage fields. 

      Once you have all your fields, you'll probably want to calculate your risk score! To do this:

      1. Create a field 
      2. In the "field type" box, select "calculated"
      3. You can then build an equation by selecting the field names you've configured and choosing a series of operators (e.g. severity + probability + impact)
      4. Once you're happy, click "save"!

      So, you've now made your fields - it's time to put them all together in a table!

      1. Head back to the Admin panel and select the Tables tab
      2. Create a Standard Table
      3. Add your chosen field types
      4. Don't forget to save!

      Now, you'll see your risk table appear within your projects. Why not head into a test one and give it a go?

      edison365's Top Tips for Risk Management

      • When configuring your fields, don't forget that you can set a maximum value for each number!
      • When you're putting your tables together, it's great to add a little bit more flavor to give people context. For example, you might decide to include the potential benefits of a project, alongside its risk. 
      • Remember: you can save on time by copying an existing table, and amending the fields.