Contents of the Risk Details Form

Use these fields and options to view and modify information for a project risk.

Field	Description
Date Raised	Click to select the date on which the risk was identified.
Risk Owner	Select the contact who will review and manage the risk.
Risk Type	Select the type of risk to the project.
Related Contact	Select the point of contact on the project for the risk owner to liaise with if they require further information or assistance.
Details of Risk	Enter details about the risk. You should provide as much information as you can to assist the risk owner.
Mitigating Action	Enter details about the action(s) that have been taken to mitigate the risk. This field is usually completed by the risk owner when they close the risk.
Likelihood	Select the likelihood and severity of the risk to the project if no action is taken to mitigate the risk.
Residual Likelihood	Select the likelihood and severity of the risk to the project if action is taken to mitigate the risk.
Item Closed	Select this check box after action has been taken to mitigate the risk. This option is usually selected by the risk owner. Note that once a risk is closed, it cannot be reopened.