Changing likelihood and impact in Risk Register
Moderator: Intaver Support
Changing likelihood and impact in Risk Register
Is it possible to update risk likelihood and impact in risk register directly without Risk Information dialog (without double click)? I think it will be much easier for users.
Jason
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- Posts: 992
- Joined: Wed Nov 09, 2005 9:55 am
Re: Changing likelihood and impact in Risk Register
At this point you cannot risk probability and impact in Risk Register. We enter it in Risk Information dialog (Probabilities and Outcomes form). We have calculated risk probability and impact in risk register and input chance and outcome in Risk Information dialog. Although in many cases they are the same.
Calculated risk probability and impact and input chance and outcome are different because of the following reasons:
- Risk may have different alternatives – different probabilities and impact under different conditions
- Risk may belong to different categories – it may affect safety, cost, etc. Risk Information dialog (Probabilities and Outcomes form) allows to do it.
- Calculated risk likelihood and impact and entered likelihood and impact may be different because of quantitative risk analysis
- We may have probabilistic risk outcome defined statistical distribution
We are working on new version and we will try to introduce entering risk probability in Risk register directly.
Calculated risk probability and impact and input chance and outcome are different because of the following reasons:
- Risk may have different alternatives – different probabilities and impact under different conditions
- Risk may belong to different categories – it may affect safety, cost, etc. Risk Information dialog (Probabilities and Outcomes form) allows to do it.
- Calculated risk likelihood and impact and entered likelihood and impact may be different because of quantitative risk analysis
- We may have probabilistic risk outcome defined statistical distribution
We are working on new version and we will try to introduce entering risk probability in Risk register directly.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com