Page Comparison

There is one default risk model configured when you install the app. You can edit that risk model to shape it according to the standards followed by your organization. In addition to the default risk model, you can create as many project-specific risk models as you like. In each case, you nominate the projects to which the risk model applies. Using project-specific risk models, your organization can manage risk differently between projects or groups of projects. Each risk model can be assigned to multiple projects, but a project can only have one risk model. A project that does not have a project-specific risk model assigned will use the default risk model.

Clicking on the Add a risk model button creates a new project-specific risk model for you, using the default risk model as a template.

Risk model editing

Clicking on a risk model opens up the risk model editing screen. The top portion of the screen is shown here:

The Clone button creates a new risk model that is configured the same way as the current model. If you clone a project-specific risk model, the result is a new risk model that has a name derived from the original (the name of the original risk model with “- copy” appended). The new risk model is not assigned to any projects by default. You must edit the new risk model to rename it, assign it to projects, and make whatever other changes are required. The changes that you make to the new risk model do not affect the original risk model.

The Delete button (the small trash can icon) deletes the current risk model. You cannot delete the default risk model.

The Name of the risk can contain special characters, but it must be unique.

The Projects field defines which projects in your Jira instance are associated with this risk model. Whenever you create a risk in one of those projects, it will use this model to calculate the risk level.

Risk matrix

The Risk matrix defines the risk levels that result from combinations of impact and probability levels. You can think of a risk model as a rules engine for your risk assessments. For example, in the above matrix, if impact is High and Probability is Likely, then the risk level is Medium. Clicking on any of the cells changes the risk level in that cell.

The Flip button swaps the impact and probability axis on the risk matrix.

Levels of risk

Below the risk matrix is the Levels of risk list, which displays all of the risk levels associated with this model.

The drag handles (the double-horizontal lines) enable you to shift the order of the risk levels.

The Add level of risk button creates a blank risk level.

Clicking on the down-arrow enables you to edit details of the risk level.

The risk level Name can contain special characters.

The Description defines the tool tip information that is displayed when editing risk assessments.

The Color picker allows you to define the color associated with this risk level. This color is displayed prominently throughout the system.

The Delete this level of risk button removes the risk level. You must have at least one risk level.

Impacts and Probability

Below the levels of risk list are the Impacts and Probabilities lists.

The drag handles (the double-horizontal lines) enable you to shift the order of the impacts or probabilities.

The Add impact and Add probability buttons create blank entries in their respective lists. Changing the number of entries in the list automatically changes the dimensions of the risk matrix.

Clicking on the down-arrow enables you to edit details of an impact or probability.

The Name can contain special characters.

The Description contains additional information about the impact or probability.

The Delete... button removes the entry from the list. You must have at least one probability and one impact in your risk model.

The effects of changing risk models

Any changes that you make to a risk model automatically propagate to risk assessments via /wiki/spaces/DOC/pages/2163539990.

• If you change the configuration of a project-specific risk model, any risks contained by the projects assigned to that risk model will be re-harmonized.
• If you change the configuration of the default risk model, any risks contained in projects that are not assigned to any project-specific risk models will be re-harmonized.
• If you add a project to a project-specific risk model or remove a project from a project-specific risk model, all of the risks in that added/removed project will be re-harmonized.

Note that any changes to risk assessments arising from re-harmonization will occur in the background. The process usually takes just a few seconds, but can take longer if your Jira instance contains many projects and/or many risks.