How to Configure Risk Management in Easy8

Introduction

While the Risk Management module in Easy8 comes preconfigured, organizations are encouraged to tailor it to match their internal risk evaluation practices. Configuration is done through the administration panel and includes defining key risk-related attributes.

Target Audience

Administrator

Prerequisites

Risk Management module must be enabled
Administrator access to Easy8
Familiarity with your organization’s risk assessment policy

Steps

1. Navigate to Risk Configuration

Go to the Global menu
Click Administration
Open the Categories section

This is where all editable risk definitions and options are managed.

2. Customize Risk Attributes

You can adjust the following attributes to align with your organization’s standards:

Status

Defines the lifecycle stages of a risk (e.g., Identified, Assessed, Controlled, Closed). Modify statuses if your internal workflow differs.

Probability

Used in the risk matrix to define likelihood of risk occurrence. Each item includes:

Name (e.g., Low, Medium, High)
Value (integer, used for calculation)
Description

Impact

Represents the potential effect of a risk. Each impact level includes:

Name (e.g., Marginal, Critical)
Value (integer)
Description

Severity

Defines the intersection between Probability and Impact. Each severity level includes:

Name (e.g., Urgent, Medium)
Value interval (e.g., 80–100)
Description
Color coding (e.g., red for high risk)

Response

Outlines how risks should be handled. Typical responses include:

Avoid
Mitigate
Transfer
Accept

These responses help standardize how teams react to risks in their plans.

Summary

Risk Management in Easy8 is fully adaptable. Use the Administration > Categories section to define how risks are classified, measured, and handled based on your organization’s own rules. This setup ensures the module matches real-world risk policies and reporting needs.