Risk management

Contents: 1 How you can manage risks 2 Comparison of Risks and Risk Management modules

Contents: 1 How you can manage risks 2 Comparison of Risks and Risk Management modules

How you can manage risks

Two modules, the Risks module and the new, more advanced Risk Management module, are available to help you manage risks at every stage of your project.

While our old Risks module provides tools for assessing and visualizing risks on the heatmap or in the risk table, the new Risk Management module will take your risk handling to the next level. It provides a more flexible experience, allowing you to create risk registers per box, connect risks to specific Jira work items, add multiple frameworks per risk register, and more.

The table in the next section of this page provides more information about the differences between these modules.

Risk Management module new

The Risk Management module allows you to register, assess, and prioritize risks, and to track progress and link risks to daily tasks. With this module, you can assess any type of Jira issue as a risk. It’s a user-friendly module with pre-made industry-standard templates for quick setup and use. When creating a risk register, you can choose from four industry-standard risk management templates. All templates are fully customizable.

The module allows you to create as many risk registers and calculations per box as you need. The key features include:

Screenshot of the Risk Management module.

Risks module

The Risks module is where you can assess the risk probability and consequence, and visualize the assessed risks on the heatmap or list them in the risk table.

The key features include:

Customizable risk heatmap
Customizable risk table (register)
Display of issues as risks and risks as issues
Customizable risk register column view

Comparison of Risks and Risk Management modules

The table presents a comparison of key features in the Risks and Risk Management modules.

Feature	Risks module	Risk Management module new

Feature	Risks module	Risk Management module new
Risks are Jira work items
Risks use two assessment metrics
Risk metrics are Jira custom fields
Configuration level	Global (per instance)	Per risk register You can create an unlimited number of risk registers and configure each of them separately.
Risks tied to specific work item types
Support for multiple risk registers per box		You can create multiple risk registers within one box.
Multiple frameworks per risk register		You can add multiple frameworks for one risk register.
Customizable risk levels		You can modify default risk levels and add new ones.
Automatic risk score calculation		Once you provide values for the risk metrics on the right, the Risk score and Risk level columns are automatically calculated.
Support for mitigation links and progress visualization		You can track your progress against the risk and mitigation plan. Issues linked with the selected link type are considered in the Action progress column in the risk register.
Advanced risk reporting capabilities		Risk reports deliver high-level information about your issues (risks) broken down by risk levels.