easeRisk Concepts

Before managing easeRisk for Jira settings , it is important to understand some of the easeRisk conceptsas an administrator, you should understand the key concepts ir supports:

• Risk -

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• A Risk is represented by a Jira issue of a predefined Jira issue type. Risk properties like probability and impact are Jira custom fields assigned to the Risk issue type via

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• Jira screen schemes. You can define more than one issue type

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• to represents Risks if needed by your organization. For instance, you could have one issue type per type of risk

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• - Financial

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• Risk, Operational

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• Risk, etc.

• Measure -

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• A Measure is represented by a Jira issue of a predefined Jira issue type. A Measure is associated with a Risk via an issue link of a predefined issue link type.

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• You can define more than one measure issue type. You can also define more than issue link types.

• Risk Scheme -

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• A Risk Scheme is a bundle of options that tell easeRisk for Jira what it needs to know about your risk management solution. For example, which issue types are used to represent risks and measures. A Risk Scheme can be shared by many projects, ensuring that your organization is followed the accepted risk management practices.

• Default Risk Scheme -

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• This is the Risk Scheme assigned by default to all projects that do not have a Risk Scheme explicitly

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• assigned to them.

• Risk Matrix - A two-dimensional visualization of

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• risks.

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• Each Risk Scheme can

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• define multiple matrices.

• Risk Formulas - A mathematical expression that sets the value of a numerical field based on one or more numerical fields

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• of the same issue. For example, a Risk Formula might assign the result of multiplying risk impact and risk probability to a field that estimates risk exposure.

Administration Guide

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