Update Risk Handling Plan - EcoSys - 4.02 - Help - Hexagon PPM

EcoSys Portfolios Help (4.02)

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English
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EcoSys
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Portfolio
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EcoSys Standard Version
4.02

Update Risk Handling Strategy

This procedure allows you to create and manage Risk Handling Plan at Portfolio Risk level. Also, this enables the project manager to track the accountability properly.

  1. Click the RISK HANDLING PLAN tab.

  2. (Optional) To change the risk, click the Risk ellipsis and select the required risk.

  3. Click the Risk Handling Strategy ellipsis and select your response to the Risk.

    If the Risk Type is "Opportunity", the below values appear in Risk Handling Strategy ellipsis.

    • Enhance

    • Exploit

    • Share

      If the Risk Type is "Threat", the below values appear in Risk Handling Strategy ellipsis.

    • Accept

    • Avoid

    • Escalate

    • Mitigate

    • Transfer

  4. Select the Point of No Return Date.

Update Action Items

This procedure allows you to add, view, edit, and delete actions pertaining to the risk. It also enables you to mitigate/exploit the risk.

  1. Navigate to RISK HANDLING PLAN tab > Action Items panel. The existing action items appear.

  2. (Optional) To change the risk, click the Risk ellipsis and select the required risk.

  3. Click the Insert Row icon to add a row for new action item.

  4. Type the action item information in the below fields:

    • ID

    • Description

    • External Email

      External Email is required only if the resource is an External Resource.

  5. Click the ellipsis for each of the below fields and select the required values.

    • Resource ID - Select the required resource

      By default, the EXT - External Resource appears in Resource ID box. To change the resource, click the Resource ID ellipsis and select the required resource ID.

    • Priority - Select the priority of the action item implementation

    • Status - Select the current status of the action item

  6. Select the corresponding dates for the action item to be implemented on the Risk.

    • Forecast Date

    • Plan Date

    • Actual Finish

  7. (Optional) Select Include Action to include the Estimated Cost in Total Risk Handling Cost.

  8. Type the Estimated Cost to implement the action item.

  9. Click SAVE.

    • Click the Delete Row(s) icon to delete a selected action item.

    • You can customize the view of the action items from View Settings.