Manage risks

Updated October 30, 2026 · Applies to Stakeholder ONE 1.3

Use the Risks tab of a project to record what could go wrong, how likely and serious it is, and what you're doing about it.

The Risks tab with two risks, their scores and statuses

Prerequisites

  • Permission to edit the project, to add or change risks.
  • The project must not be Completed or On hold.

How risks are scored

Each risk has a Likelihood and an Impact, each Low, Medium or High. Stakeholder ONE multiplies them (Low = 1, Medium = 2, High = 3) to get a Score from 1 to 9:

Likelihood ↓ / Impact → Low Medium High
High 3 6 9
Medium 2 4 6
Low 1 2 3

Higher scores are shown in stronger colors, so the most serious risks stand out. The Projects dashboard shows a Risk heatmap of open risks across all projects.

Add a risk

  1. Open the project, and select the Risks tab.
  2. Select Add risk.
  3. Enter the Title, an optional Description, the Likelihood and Impact, the Mitigation (what you're doing to reduce the risk), the Status and the Owner.
  4. Select Save.

Track a risk

Update the Status as the risk develops:

Status Meaning
Open Identified, and not yet being handled.
Mitigating Actions are underway to reduce it.
Closed It no longer applies.

To change or delete a risk, select the pencil (edit) or trash (delete) icon on its row. Deleted risks go to the recycle bin.

Next steps