Risk Severity

The Risk Severity record is used to indicate the severity of risk. The Risk Severity assigned to a risk helps managers determine priorities when allocating resources for reducing the likelihood of this risk occurring and/or minimizing its impact on the organization.

Only a person with the role account administrator can manage the Risk Severity of this space.

When the owner activates the Risk Management functionality within R-Service (RR Tech Service Management) (in the "Space Settings" section of the settings console), four Risk Severity are available by default.

The risk severity fields page provides recommendations for using each field in the Risk Severity form.