Risk Status values are used in the Risk Summary section when you create a Risk Group, Risk Register or Risk Instance Record.
Commonly used Risk Statuses include Treat, Tolerate, Transfer and Terminate; however, you can tailor your statuses to fit with your organisation's processes and procedures.
To access your Risk Statuses, navigate to Account Settings from the system Home Page.
Note: Only users with Master User permissions can access the Account Settings.
Click Module Setup followed by Risk Management and then Risk Register.
Click +Add to create a new Risk Status.
Name the new Risk Status and click Save.
The Risk Status will be added to the list and become available for use in the module.
If you need to Edit, Disable or Delete the Risk Status, you can use buttons beside the status to do so.
Note: Disabling a Risk Status will ensure it is still visible in the Account Settings, on past records and in reports, however, will be unavailable for selection when new records are created. Deleting a risk status will remove it from the account entirely.
You can set a default option for Risk Status by using Set as Default Option. This will mean the value will be automatically selected on new records, but can be overwritten by users should they require.
A tick will indicate which Status (if any) has been selected as default.
Should you need any further support please contact the team at firstname.lastname@example.org or call 01206 321 391.