1. Corporate Risk Registers
Tom Davies AMBCS, Solutions Engagement Team

2. Corporate Risk Register Module
Manage Risk within a multi layered Corporate Structure
Extend beyond standard Risk Module functionality
Risk owner, Risk Probability and Likelihood, Risk Matrix,
Enhancement to create “Action Plans ” for each Risk
With multiple “Owners” for a Risk-Action
Results in matrix view of Risk, Risk Actions + Owners
Managed within ProjectVision Portfolio / Programme Structure

3. Corporate Risk Register Module
Functionality Overview
Actions are managed for each specific risk
Separation of Risk and Risk-Action Access
User only get access to the level of detailed based on their ownership of a Risk or Risk-Action
Specific “Risk and Actions” reporting
Benefits :
Increased level of detail around “progress” on the risk
Clearly identify all Actions to mitigate / manage the risk
Clear Ownership on each Risk-Action
Overall Improved Assurance / Governance
Enable senior managers to designate staff to “Acton their behalf”

4. Functional Review of Risk & Actions Register
Core Requirement :
- A Risk can have an Action(s) assigned against it.
- Each Action can have multiple owners.
Standard Project Vision
ProjectVision
Actions + Owner for Risks
Owner 1
Programme Structure
Owner 2
Action 01
Owner 3
Risk ID
Action 02
Owner 1
Owner 2
Owner 3
Risk ID
New PV Function :
- Trigger from new tab in Risk Register.
Organisational Assignment of Action Owner :
- Based on Organisation relationship between “Risk Owner” and “Action Owner”
- Users will need to be linked to the Organisation Structure in ProjectVision.

5. Actions and Action Owners Functionality
Core functionality :
Actions Associated with a Risk
1 or Multiple Actions
Action will have at least one owner assigned
Action can have multiple owners
Rules for Assignment of Action Owner
Risk ID
Risk ID
Action 01
Action 02
Owner 1
Owner 2
Owner 3
Actions + Owner for Risks

6. Risk Action Owner – Access via User Widget
Users can receive alerts outside of ProjectVision related to Actions on Risks. For Example:
Action Owner When Assigned an Action
Risk Owner – when Action Owner Fields are updated

7. Functionality: Delegation
A Risk Action Owner (“delegated from”) can delegate to a single user (“delegated to”) at any time. Delegation to another user will still allow the original Risk Action Owner to view and edit the Risk Actions
For auditing purposes updates by the “delegated to” user will be tracked via the Audit trail, where a specific column be added to indicate the name of the “delegated to” user for each record update.

8. Risk and Actions Reporting
Specific Reports Developed
- Combined View of Risk and Actions + Action Owner
Report Filters :
- Programmes/Directorates
- Risk Date Ranges
- Risk Owner
- Risk Levels
- Action Owner + Status
- Action Status
- Action Date Range