This solution has a dependency on the following solutions, and these need to be installed first: RAG Status This solution has an overlap with the following solutions,Ā so these must NOT be installed: ROAM Risks Risk Management by
This solution has a dependency on the following solutions, and these need to be installed first:
- RAG Status
This solution has an overlap with the following solutions,Ā so these must NOT be installed:
- ROAM Risks
- Risk Management by Impact and Probability
Summary
The purpose of this solution is to allow TargetProcess users to easily track and rank risks using three key scoring categories - Integrity, Availability, and Confidentiality.Ā Mitigating Risk Actions can be logged against each Risk, allowing you to track selected courses of resolving risks.Ā Risk Managers, Product Managers/Owners, Release Train Engineers, and Agile Teams use the provided views to Identify and manage risks - At the start of a project, or throughout via key agile ceremonies.
Key Features
Risk Register
AĀ Risk RegisterĀ view isĀ providedĀ for logging and managing a backlog ofĀ Risks.
EachĀ RiskĀ has aĀ Category, Risk Score, and RAG field.
- CategoryĀ provides a way to organizeĀ RisksĀ via common groupings
- Risk ScoreĀ &Ā RAGĀ (Red, Amber, Green), facilitates priority and indicates the status of theĀ Risk.Ā They are calculated using the related Impact & Probability ratings for the three metrics (Integrity, Availability, Confidentiality).
Clicking on the ID or double clicking on the title reveals theĀ Risk Detailed ViewĀ where these parameters and additional information can be seen and provided.Ā TheĀ Risk Detailed ViewĀ highlights a color codedĀ Categorization & ScoringĀ section reflecting theĀ RAGĀ status.Ā This screen allows the user to enter or update theĀ Availability, Confidentiality, orĀ Integrity ImpactĀ andĀ ProbabilityĀ scores, as well as view or log mitigatingĀ Risk Actions.
Risk Detailed View
Risk Actions
MitigatingĀ Risk ActionsĀ can be related to aĀ RiskĀ via clicking the '+' icon inĀ theĀ Risk Detailed ViewĀ whereĀ users are prompted for bothĀ NameĀ andĀ Category.
Risk ActionsĀ can also be added and managed via theĀ Risk Register ViewĀ upon expanding the associatedĀ Risk.
Risk Action Detailed View
ClickingĀ Add & OpenĀ when addingĀ Risk ActionsĀ brings you to theĀ Risk Action Detailed View.Ā Ā Post Action ImpactĀ & ProbabilityĀ ratings can be specified here for the three categories and used to calculate aĀ Post Action Risk Score.Ā Ā Risk ReductionĀ is also calculated and based on the difference of the highestĀ Post Action Risk ScoreĀ from theĀ Risk ScoreĀ carried over from theĀ Risk.
Risk Action Detail
Risk Dashboard
TheĀ Risk DashboardĀ offers a collective view ofĀ RiskĀ based measures in different contexts.
- Risk Register - backlog of risks with current state
- Risk Scores by Category - grouping of all risks by business category and visual representation of RAG
- Cumulated Risk - metric showing all open risks, completed risks, and the total risks recorded
- Risk Reduction Rate - percentage of risk reduction over the last ninety days
- Bar chart using the ROAM model with counts by RAG status
- AverageĀ cycle time
- Risk by RAG - pie chart displaying risks grouped by RAG status
Customization
The following fields are included and can be customized.Ā Further details on creating and modifying metrics can be found in theĀ MetricsĀ page.
- Category, currently set to Architecture, Budget, Business, DevOps/Operational, Infrastructure, Programmatic, Quality and Process, Resource, Schedule, Security, Supplier, and Technology.
- Risk Score - the largest value of Impact x Probability for Availability, Confidentiality, or Integrity.
- Post Action Risk Score - as above, but calculated using the Risk Action's scores.
- Availability/Confidentiality/Integrity Score - Impact x Probability for the appropriate category, calculated for Risks.
- Post Action Availability/Confidentiality/Integrity Score - as above, but calculated using the Risk Action's scores.
- Risk RAG - Sets the RAG by measuring the Risk Score.Ā A Risk Score of 1-4 is Green, 5-10 is Amber, and greater than 10 is Red.
- Risk Reduction for Risk Action - determines how much the Risk is mitigated by the Risk Action.
Integrations
See how Targetprocess aligns and empowers business and IT with the help of powerful integrations.
Targetprocess facilitates enterprise agility at all levels by enabling both Business and IT to work in one holistic solution. To help ensure value flow visibility and collaboration across the entire enterprise, Targetprocess allows a powerful set of integrations covering use cases for different levels and roles within organization.
For Transparency above the Team Level
EXPAND 2 INTEGRATIONS
For Continuous Integration and Continuous Delivery
EXPAND 6 INTEGRATIONS
For Product Management, ITSM, Sales and Marketing to Stay on the Same Page
EXPAND 5 INTEGRATIONS
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