Reducing risk to an acceptable level
Once your risks are assessed, there is no time to rest on your laurels. You need to now work on your priority risks’ action plans.
To define your action plans, go on the Action Plans page from the Risk Monitoring page (accessible by Reporting or Risks in the hamburger menu, then click on the risk of your choice in the table) on which you wish to work.
On the Actions Page, you can add an action.
When you create an action, you must specify the start date and the estimated finish date. You also have the option of defining a category.
Once the action is created, you can rename an owner, inquire and follow his progress in time, follow his expenditure and inquire the performance indicators (K.P.I).
Note that you can also create an action when you are on the Actions page (accessible from the Actions Plan in the hamburger menu).
In this case, when creating the risk, you will have to choose the risk you wish to attach the action to.
There you go, you have the essentials of your action plans. You only have to put the action through!