Deltek Acumen 8.6 Online Help

Using the Help Search
Using the Help Search
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    Ex."system administration"
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    Ex.system + administration
  • Or:Returns all topics with any combination of words in the search criteria. This is the default.
    Ex.system administration
For more information:Searching Online Help

Add Risk Events to the Risk Register

Add risk events to the Risk Register. Risk events are discrete events (threats or opportunities) that carry both a probability and a potential cost/schedule impact to the project.

To add risk events to the Risk Register, complete the following steps:

  1. To create a new risk event, complete one of the following tasks:
    • Click the risk matrix icon from within the main spreadsheet view. This will automatically create a new risk event as well as link it to the activity from which you clicked.

    • Manually add a risk event from within the risk register.
  2. Define the following required risk attributes as well as any others you wish to define:
    • ID (the Risk ID).
    • Probability (chance of the risk event happening).
    • Schedule (direct impact on the activity/schedule).
    • Cost (direct cost impact on the activity/cost estimate in question).
    • Type (is it a threat, opportunity, calendar event, or risk window?).
  3. Select the Mitigation column option to compare the current risk exposure state and a target state assuming mitigation is carried out.
    A risk event can carry both a Current and Mitigated State.
  4. If needed, enter mitigation duration and cost overhead.
    As part of defining a mitigated state for a risk, Acumen Risk can also calculate the cost/benefit of executing a mitigation plan. In order for this to be calculated, a duration and cost overhead of mitigation needs to be defined against the risk event.

    Subsequently, when running a risk analysis, alternate scenarios can be generated either accounting for, or ignoring both the impact and/or overhead of executing mitigation.