Create a library of risks and opportunities

Companies maintain a standard set of risks and opportunities for their business that are available across programs for the risk management process. Each risk and opportunity typically have a unique ID. It can be classified into business specific categories in the library. You can also define their probability of occurrence and also the consequence.

To create a new risk or opportunity, choose New → Add, and then choose Risk or Opportunity.

The Add panel is displayed, where you enter details of the new risk or opportunity, and then click Add.

Note: Be sure to clear the For Program check box.