Creating a Risk

You can create risks The potential of an adverse effect on an opportunity, account or a project. Risks are measured by impact and likelihood, and managed with mitigation and contingency. and associate them to projects, opportunities or accounts. You also can add risks from within your projects. From the Risks tab, you can raise generic risks that don't have to be associated with other PSA records.

Notes:

• The main procedure is for users of record pages supplied by FinancialForce from Fall 2020.
• From Fall 2020, if you are not using the pages supplied by FinancialForce, your administrator can add the PSA Actions: Risk and Issues component to the project record page.

To create a risk:

1. On a project record, click Actions | Risks and Issues | New Risk. The New Risk window opens. Using Classic: On the Risks related list or the Risks tab, click New. The New Risk page opens.
2. Enter a name for the risk.
3. Complete the remaining fields as described in Risk Fields.
4. Click Save.