Risk Matrix

Owned by David Sedlock
Last updated: May 06, 2024Version comment
2 min read

Overview

The Risk Matrix displays a two-dimensional matrix containing the risks of one or more projects. The matrix is composed of two risk estimates, typically the values of the fields representing impact and probability. Each cell in the matrix shows the number of risks having a given combination of values. For example, the top-right cell would show the count of risks with high impact and high probability. The cells are shaded to indicate the importance risks for the project.

The Risk Matrix can also be used to compare changes over time between two matrixes using historical data of the Jira issues.

A Risk Board is mandatory to open a Risk Matrix. In the Risk Register, select Reports and take one of the following steps:

  • Single Matrix: Select the name of a matrix under the list of matrices.

  • Comparison: In the menu entry that contains the name of a matrix followed by the word “Comparison”, select the name of the matrix followed by the word “inline“ or “side-by-side“.

The operations of the Risk Matrix are explained in the table below.

User Guide

Operations

Purpose

Action

Purpose

Action

Filter risks based on a risk field

  • Select the Field from the dropdown.

  • The sorting is influenced by Order.

  • Limit the results displayed using the Max Results control.

List risks in a cell

  • Hover over the issue key or number of risks in the cell.

Display risks in a cell in the Jira Issue Navigator

  • Click on the issue key or number of risks in the cell.

Risks are shown in the matrix based on the color associated with its Jira status category (i.e. Grey = To Do, Blue = In Progress, Green = Done).

Display all risks in the Jira Issue Navigator

  • Select the link showing the total number of risks next to the heading “# of Risks” above the right side of the matrix.

Compare issue data of the past

In Matrix Comparison mode, select the past date on the left side. The date on the right side is fixed to the current date.

  • Inline comparison shows one matrix with arrows pointing from the old to the new value of the risk field selected.

  • Side-by-side comparison plainly shows in separate matrices the risks from the past date and the current date.

Use quick filters

See Quick Filters.

Export risks to Excel

In Single Matrix mode:

  • Select Export in the menu items above the right side of the matrix.