Jira Risk Management

Jira

Risk Management

There are a number of ways to manage risk in Jira.Risk management is important because it helps to ensure that projects are completed on time, within budget, and to the required quality standards.

Risk Management

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Risk Issue types

Issue Types

Create specific issue types for risks, such as "Risk" or "Risk Event." This allows you to distinguish risks from other types of issues and track them separately

Custom Fields

Define custom fields to capture relevant risk information, such as probability, impact, mitigation strategies, and risk owners. These fields can be added to the risk issue type to provide a comprehensive view of each risk

Workflows

Design workflows that include risk-related statuses, such as "Identified," "Assessed,"Mitigated," and "Closed."

image explaining issues related to risk types

Risk Issue template

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Description

The description field should provide a clear and concise summary of the identified risk. It should include relevant details such as the nature of the risk, its potential impact on the project, and any specific circumstances or factors contributing to the risk

I/R/D Resolution

Outline the impact, level of risk, and any dependencies associated with the identified risk. Specify the severity or likelihood of the risk and describe its potential consequences on project objectives, timelines, resources, or deliverables.

Progress is Blocked Comments

Comments to track updates, discussions, and actions related to the risk. Team members, stakeholders, and risk owners can provide regular updates, share insights, propose mitigation strategies, or discuss progress in resolving the risk.