Risk: Create, Edit and Delete a Risk

In this article you will learn how to: 

• Create a Risk 
• Edit a Risk 
• Delete  a Risk
  
  

Risk analysis and management is critical to the decision-making process for capital and infrastructure projects. 

For the first time, Mastt provides a decision tool and framework to assist both owners and project managers with capability to save time and create opportunities through Risk.

Mastt starts with creating a Risk, which is then followed by Causes, Consequences and Mitigations.

For example: 

• Risk of injuries onsite
• Possibly caused by falling objects
• The consequence of falling objects is hospitalisation
• Appropriate mitigation might be to ensure site workers wear helmets. 

You'll see Risks visualised with both cost and time impacts as concentric rings! 

Create Risk

Step 1: To add a Risk, click the 'Hamburger Menu' and navigate to Risk Module.

 
Step 2: Click '+Add Risk' in the tool bar.

Step 3: In the side modal, add a Risk name, description, status and categories. You can also indicate the Possible Realise Date, Risk Review Date and toggle on/off the Key Risk based on your risk assessment. You can view your risk on the chart!


  

Edit Risk

Step 1: From the Hamburger Menu, navigate to Risk Module.
Within the Risk Register, select the risk that you would like to edit.

Step 2: A Risk form will open, hit save when done.

Delete Risk

Step 1:  From the Hamburger Menu, navigate to Risk Module.
Within the Risk Register, select the risk that you would like to delete.

Step 2: If you receive this notification, you can click 'OK' to permanently delete risk.