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Release: Australia · Updated: 2026-03-12 · Official documentation · View source

Risk form

The risk form enables you to define a risk for a demand.

FieldDescription
NumberSystem-generated ID number with a configurable prefix.
StateCurrent state of the risk. Risks are created in the Pending state.The available values are: - Pending - Open - Work in Progress - Closed Complete - Closed Incomplete - Closed Skipped
Risk statusStatus of the risk. Risks are created in the Pending status. The available values are: - Pending - Achieved - Not Achieved - Avoid - Mitigate - Transfer - Accept
ProbabilityThe likelihood that the event described in the risk can occur. Risks are created with Low probability. The available values are: - Absolute - High - Moderate - Low
ImpactImpact of the risk on the demand. Risks are created with Low impact.The available values are: - High - Medium - Low
Estimated costEstimated cost generated by the risk.
Risk rankCombination of value and color assigned to the risk. This value is calculated using the Probability and Impact values.
Risk ownerResource responsible for monitoring and managing the risk.
Assigned toResource responsible for resolving or mitigating the risk.
Risk valueValue for the specified risk impact and probability combination.
Due dateRequested date for risk resolution or closure.- If the risk has an assigned resource, the due date is for resolving the risk. - If the risk isn’t assigned to any resource, the due date is for closing or addressing the risk.
TaskDemand associated with the risk. This field is auto-populated.
Short descriptionBrief summary of the risk.
DescriptionBrief description of the risk and its impacts on the demand.
Mitigation planBrief description of the efforts taken to mitigate the risk.
Work notesInformation about the risk.