Creating an RPN

The risk owner and assignees, project owner, and Project Leads can add RPNs during the lifecycle of a risk to reflect changes in the risk's status. When you add a new RPN, its value is displayed on the dashboards and Risks page. The previous RPNs can no longer be edited. Once created, an RPN cannot be deleted. However, if you add an RPN in error, you can edit its values (see Editing an RPN) or create a new one. Since only the latest RPN is reflected on project dashboards and summaries, the erroneous RPN isn't counted. [may not be true if all rpns are reflected in a chart?]

Before you begin: View the RPN category for a risk. See Listing RPNs for a Risk.

  1. From the page Actions menu or toolbar, click Create New.



  2. Enter details for the RPN:

    Policy. The policy that governs the RPN's lifecycle. There may only be 1 listed.

    Probability. An estimate of how likely it is that the risk will occur. The range is from 1 to 5 with 1 the lowest. The default is 5.

    Impact. An estimate of the impact the risk will have on the project. The range is from 1 to 5 with 1 the lowest. The default is 5.

    RPN. Risk Priority Number. The system calculates this value by multiplying the Probability value by the Impact value. You cannot edit this field.

    Effective Date. The date the RPN values take effect.

    Status. Brief status of the risk, especially relative to the probability and impact values. If no status was entered, the status is Unknown.

  3. Click Done.