What it is
Each risk has likelihood (1-5), impact (1-5), score (auto-product), mitigation plan, status (open / mitigated / accepted / closed), and author. Scores ≥16 flagged as critical and surfaced on the dashboard.
When to use it
- Recording risks identified during planning ("publisher might cut budget").
- Tracking which risks have mitigation plans vs. are still wide-open.
- Reviewing critical risks at every milestone retrospective.
- Documenting that a risk was accepted (not mitigated) so nobody acts surprised.
How to use it
- 1Click "+ New Risk" — title, description, likelihood, impact.
- 2Write a mitigation plan — concrete steps to reduce the risk.
- 3Move through status as the risk lifecycle plays out.
- 4Critical risks (score ≥16) appear in the dashboard overdue alerts.
Tips you should know
- →Likelihood × impact = score (range 1-25). 16+ is critical.
- →A risk with no mitigation is still useful — the act of writing it down often surfaces a plan.
- →"Accepted" status is for risks you've consciously decided to live with — link to the corresponding Decision.
- →Closed risks stay for history; filter them out via the status chips.