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Risk Management with OpenAir

edited Dec 19, 2007 12:00PM in SuiteProjects Pro Discussions 4 comments

<p>I'm new to OpenAir, but like what I see.</p><p>I've already configured the "Issues" module to be renamed "Risk" as our approach is that an issue is just a risk with 100% probability (i.e. "it's happened").</p><p>We would like to manage all engagement/project portfolio risks through OpenAir, but I need to derive "risk exposure" by multiplying "risk probability" and "risk impact".</p><p>For instance:<br />A risk that will impact the engagement by $20,000, but has only a 20% chance of occuring, should have a total "exposure" of $4,000.</p><p>This is a very common way to measure and manage risk.  (Risk severity of "low", "medium" and

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