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Risk & Issue

The Risk & Issue screen is the project's risk register: you list risks (potential events) and issues (materialized ones), assess them and track their handling. You reach it from the Risk & Issue menu in the project sidebar.

Risk or Issue

Each entry is typed:

  • Risk — a potential event that could affect the project
  • Issue — a materialized risk, to be handled

Assessing a risk

A risk is assessed on two axes, on a four-level scale (Low / Medium / High / Critical):

  • Probability — the chance the risk occurs
  • Impact — the severity of its consequences

FoxPlan derives the Criticality, which prioritizes the risks to watch first.

Each entry also carries:

  • a status: Open, Pending, Ongoing, Closed
  • an owner (responsible for follow-up)
  • a description and a mitigation plan

The risk matrix

Alongside the list, the Risk matrix positions risks on a Probability × Impact grid, with a color code (Low, Medium, High, Critical). Statistics accompany the matrix:

  • Total risks
  • Critical
  • Open

It's the ideal committee view: it shows the concentration of major risks at a glance.

See also

Good habit

Review the matrix at each committee and focus the action plan on Critical and High risks that are still Open.