ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
Unlock Business Success with Smart Risk Management Walkthrough
2
3
1. Enter Risks: Add each risk to a new row with a unique Risk ID and Risk Type.
4
5
2. Rate Risks: Input Likelihood and Impact ratings (1-10) for each risk.
6
7
3. Check Score: Ensure the Risk Score auto-calculates (Likelihood × Impact).
8
9
4. Set Status: Select a Status (In review, Pending, Complete) for each risk.
10
11
5. Review Dates: Add Last Review Date and Next Review Date.
12
13
6. Sort Risks: Use the sort function to rank risks by Risk Score.
14
15
7. Check Formatting: Verify that conditional formatting color-codes risks based on priority.
16
17
8. Set Alerts: Make sure automated alerts are set up for review dates and risk priority.
18
19
9. Review Metrics: Confirm that charts and KPIs update automatically.
20
21
10. Final Review: Double-check all entries and calculations for accuracy.
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100