- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
03-17-2025 12:28 AM
Hi Community, I am trying to figure out the difference between usage of 'Risk Assessment Project' vs 'Risk Assessment Scope' in Advanced Risk solution. As far as I have explored, both functionalities look similar to me i.e.
1. Scope the Assessable Entity and RAM.
2. Finalize the Risks for Assessment
3. Conduct the assessment
These both functionalities seem to be serving the same purpose. Please enlighten if someone knows the difference usages of both.
Solved! Go to Solution.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
03-17-2025 01:40 AM
Hello @Anurag22 ,
Even though both tools may appear similar, they are designed for different purposes and use cases.
- If an organization needs to conduct a periodic risk assessment that requires auto-assignment and is performed one risk at a time, the traditional risk assessment functionality should be used. This approach utilizes the assessment scope and scoped entities.
- On the other hand, the project risk assessment is used when the risk assessor wants to perform multiple risk assessments in a single view for a specific entity belonging to the same RAM. This method is often referred to as bulk risk assessment. The advantage of this approach is that the user does not need to navigate through multiple screens when assessing multiple risks.
The main difference between the two is the scheduling feature, which is available in traditional assessments but has not yet been introduced in project risk assessments.
Best Regards,
Anurag
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
05-09-2025 08:24 AM
Project is created to ease the job of an assessor. One entity but with 10 risk. Consider these being distributed across 3 different owner. Now in this case we expect to have 3 different Project assessment record. The feature is created to make life easy of a person having multiple risk to assess. Now the possibility of reassignment can be done but still it is only supposed to be one owner at a time. Looking from this perspective it seems to deliver the outcome. But please feel free to reach out to product and get clarification.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
03-18-2025 04:27 AM
Hi @Anurag22 ,
They might look the same , but one is meant only for Projects which comes under project management and other one is for Infra which involves objects/risks.
Risk Assessment Scope: You will need to Scope the Risk assessment and then Schedule it.
Create a risk assessment scope to define and identify risks for an entity. Identify assessors and approvers for assessments, and define the frequency of assessments and then Schedule risk assessments automatically for multiple entities. The risk assessment scheduler helps the risk administrators save time by automatically initiating the assessments based on the frequency that you want.
You can initiate assessments after you create the scope. This process provides visibility and accurate reporting for the management team.
Since you have already explored, you might have see the workflow runs for "Risk Assessment Project"
Once, you go through the workflow, you can find there is a difference.
