Project Risk Assessment using Advanced Risk Assessment (PPM Integration with IRM)

[Vivektietsood]

Hi All

I have been leading and managing projects and deliveries for a number of years, and I was ecstatic to see the integration of Project Portfolio Management with Integrated Risk Management. I think IRM is a very effective tool to manage risk across projects. In this article, I am going to talk step by step on how to use IRM functionality in PPM.

Step 1 - Enable the property "Enable Advanced Risk PPM Integration

 

Step 2 - open a project

Step 3 - open a risk

Step 4 - Enabling the property in step 1 shows assess risk button and clicking it shows the following screen. Pick an assessor and approver

Step 5 Assessor completes the assessments and sends for approvals

Step 6 Risk Assessment gets completed

Step 7- Risk Status can be updated to accept, mitigate, avoid, transfer etc  and then risk can be added to project status report

 

Step 8:

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[Prinesh]

Good Content..!!

[Deepshikha Ragh]

good and knowledgeable !

[David Ng4]

Good afternoon,

Thank you for sharing your knowledge. However, I can't see the screen image from you steps.

Kindly show me how to see the screen.

Thank you.

David

[Vivektietsood]

Please refer to this: Configure Project Portfolio Management and Advanced Risk integration

Please accept solution (if helpful) so that it helps other community members too 

[David Ng4]

Yes. This helps.

Thank you very much for your info.