Project Risk Log

Project Risk Logs allow a project manager to monitor and manage risks within a Project.

Modules > Projects > Open Project - Project Risk Log

The link will open the Project Risk Log grid. It is a grid view which can be searched, sorted and customised as normal.

To add a new Project Risk Log click New , to edit an existing Project Risk Log click Edit . A pop up window will appear which will allow the creation or amendment of a Project Risk Log.

Click to view - Project Risk Log Fields and Descriptions

Field Name	Description
Description	The description of the Project Risk Log.
Date Raised	The date the Project Risk Log was raised.
Follow Up Date	The follow up date to monitor, or action the risk.
Date Closed	The date the Project Risk Log was closed.
Closed by	Auto populated with the User that closed the Project Risk Log.
Risk Type	From the drop down select the Risk Type - for more information see Project Risk Types
Risk Owner	From the drop down select the risk owner - this is connected to User Accounts
Risk Status	From the drop down select the Risk Status - for more information see Project Risk Statuses
Risk Probability	From the drop down select the Risk Probability - for more information see Project Risk Probabilities
Probable %	Enter the percentage probability for the risk (how likely it is to occur).
Impact	From the drop down select the Risk Impact - for more information see Project Risk Impacts
Financial Impact	Enter the financial impact on the Project (in pounds).
Weighted Fin. Impact	Enter the weighted financial impact.
Mitigating Action	Enter any mitigating action to be taken.
Mitigating Owner	From the drop down select the mitigating owner - this is connected to User Accounts

Complete the fields and click Save and Close .