Access

Information

  • In this module, risks and opportunities are collected and edited based on the program.

Details

  • In the respective area heading bars, summarized damage and profit values are displayed, which result from all collected risks and opportunities of the program, regardless of whether they are active or inactive, except the Probable value. Since it is only calculated for active risks and opportunities (see notes under Create risk) it is consequently only summarized to the sum area for active risks and opportunities.
  • By clicking on the Unhide/hide charts button, bubble charts for risks and opportunities as well as a matrix diagram for risks will be displayed in addition.
    • If the button is clicked on once more, the bubble charts are hidden again.

Module Variants

BaseRisks and oppotrtunities are shown in the respective area (Risks and Opportunities), single-lined and ungrouped. This module variant is loaded by default.
by categoryIn this module variant, risks and opportunities are displayed in the corresponding area, single-lined and grouped by the Category parameter.
by priorityIn 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.

Create Risk

Procedure

  • Insert a new risk record by clicking on the plus button next to the heading.
  • Enter the name in the Risk field.
  • Select the required category from the listbox.
  • The amount of damage possible due to the occurring risk is specified in the Possible field (EUR).
  • Enter the probability in the Probability field (in %).
  • The probable extent of damage is calculated in the Probability field from the values in the Possible and Probable fields. If measures are subsequently added to the risk, their values are taken into account in the calculation of the probable damage as well.
  • If required, you can go ahead and fill other fields and save subsequently.

Notes

  • All newly created risks are active by default (Active checkbox activated).
  • If risks are deactivated,
    • they will not be considered in analysis and status reports.
    • they will not be displayed in the charts.
    • the probable damage in the Probable field is not calculated for such risks either.

Insert Risk Measure

Procedure

  • Insert a measure record by right-clicking on the required risk record and selecting Insert → Measure from the context menu.
  • Select the required status from the listbox.
  • Define the measure in the Measure description field.
  • Enter the date in the Date field.
  • You can go ahead and fill other fields if required.
  • Save.

Risk Charts

Procedure

  • By clicking on the Hide/unhide charts button, the following graphical representations are displayed:

Risk Trend Analysis

Procedure

  • By clicking on the Risk Trend Analysis link in the area bar of the risks you switch to the Risk Trend Analysis of the Program.

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

Procedure

Opportunity Trend Analysis

Procedure

  • By clicking on the Opportunity Trend Analysis link in the area bar of the opportunities you switch to the Opportunity Trend Analysis of the Program.