Risks/Opportunities (Project) MOD0099D8
Access
Project (Proposal) panel → Further... → Risks/Opportunities
Information
In this module, risks and opportunities are created and edited based on the project.
The evaluation of existing risks can be viewed in the form of diagrams.
Details
All risks that have already been recorded, along with the measures taken to address them, are displayed here in table form.
By clicking on the Hide/unhide charts button, you can have graphical representations of the evaluations of existing risks and opportunities displayed.
Clicking on a risk or opportunity ID takes you to the corresponding risk or opportunity data sheet module, where you can edit or view the existing information.
New risks and opportunities can be created here and then evaluated.
You can also access the Risk Trend Analysis and Opportunity Trend Analysis for the project using the links of the same name.
Notes
If it is a structured project, only risks and/or opportunities and trend analyses of the project level at which you currently are, i.e. either risks and/or opportunities of the main project or of the respective subproject, are displayed.
You can find risk and opportunity data of the entire project structure in the with subprojects line in the Risks/Opportunities area in the Status module.
Module Variants
Base | Risks and opportunities are shown in the corresponding area (Risks and Opportunities), single-lined () and ungrouped. This module variant is loaded by default. |
by category | In this module variant, risks and opportunities are displayed in the corresponding area, single-lined and grouped by the Category parameter. |
by priority | In this module variant, risks and opportunities are displayed in the corresponding area, single-lined and grouped by the Priority parameter. |
Risks
Information
Risk management is the systematic collection, evaluation, and controlling of different risks.
Risks increase costs or lead to provisions.
In order to achieve suitable preventive and protective measures, you have to identify new risks at an early stage and re-evaluate known risks continuously.
This module supports the identification and assessment of risks in accordance with ISO/IEC 27001.
Create Risk
Procedure
Click on the
Insert risk button in the Risks area..
The Risk module, where information on risks is recorded and evaluated, is opened on the right-hand side of the panel.
Allocate a Name.
Save.
Newly created risks are automatically assigned a risk ID and are active by default (Active checkbox activated). Active risks are
considered in analyses and status reports,
displayed in the charts, or
the probable damage is only calculated for active risks in the Probable damage field.
Carry Out Risk Evaluation
Information
PLANTA project offers an option to perform a qualitative and monetary evaluation of recorded risks.
It is recommended that only one risk evaluation method be used.
Carry out qualitative evaluation and risk treatment.
In the Qualitative evaluation area
Make an estimation of the risk before risk treatment in the Damage extent and Probability of occurrence listboxes.
The categories selected in both list boxes are used to calculate the risk evaluation before risk treatment and to display it in the corresponding diagram.
The Risk treatment field lists measures that have already been implemented and contribute to risk minimization.
Risk management measures are usually defined or adjusted at regular internal company meetings, where key stakeholders discuss the risks associated with company assets.
In the Damage extent and Probability of occurrence list boxes, provide an assessment of the risk after risk treatment, i.e., taking into account the effects of measures already implemented.
The categories selected in both list boxes are used to calculate the risk evaluation after risk treatment and to display it in the corresponding diagram.
Save.
Carry Out Monetary Evaluation
In the Monetary evaluation area
in the Possible damage (EUR) and Probability (in %), make an assessment of the risk.
This input forms the basis for the visualization of risks in the corresponding diagram.
Save.
Risk Measures
The risk measures that have already been recorded are displayed directly below the risks (by expanding the tree structure) and can be edited.
New risk measures are recorded in the Risk module and explained in the topic of the same name.
Risk Charts
By clicking on the Hide/unhide charts button, you can have graphical representations of the evaluations of existing risks displayed.
In the Qualitative evaluation area, two matrix diagrams are displayed that show the number of risks measured in terms of their Damage extent and Probability of occurrence in the categories of critical, high, medium, low, and very low, both before and after risk treatment.
In the Monetary assessment area, a bubble chart based on the figures of the Possible damage (x axis), Probability (y axis), and Probable damage parameters (size of the bubbles) is displayed.
Opportunities
Information
Opportunities management is the early identification, evaluation, and management of future gross profit potential.
Opportunities increase revenues and/or the opportunity to increase sales/revenues.
New strategies and innovations can be implemented through the initiation of adequate measures.
Details
The procedure for collecting and editing opportunity and risk measures equates to that for risks.
Opportunity Charts
In the Qualitative evaluation section, a matrix diagram is displayed that shows the number of opportunities measured by their Gross profit level and Probability of occurrence in categories of high, medium, and low.
In the Monetary assessment area, a bubble chart based on the figures of the Possible gross profit (x axis), Probability (y axis), and Probable gross profit parameters (size of the bubbles) is displayed.
See also: Risks and Opportunities, Risk and Opportunity Trends in the Info Board