Risk Matrix

The Risk Matrix brings together your system's Risk Consequences, Likelihoods, and Types to allow colour coding of your Project Risks.

The screen is structured as follows:

  • Across the top are your Risk Likelihoods. These cannot be changed on the Matrix.
  • Down the left are your Risk Consequences. These cannot be changed on the Matrix
  • In the body of the Matrix are your predetermined Risk Types for each intersect. For example: An Unlikely but Major (consequence) Risk poses a High Risk to your project so will be shown in orange on screen and in reports.

The drop-downs shown at each point of the matrix show a list of your Risk Types. The matrix is updated as soon as the Risk Type is changed.