Configure Risk Action Types

Risk Action Types are added to risk actions to reflect the strategy you are pursuing in dealing with the risk, issue, or opportunity. Risk action types often include mitigate, contingency, insure, avoid, share, control, and more.

Add a Risk Action Type

To add a new risk action type:

1. In the lower-left corner, click Profile and select Settings. 
2. In the Settings menu, select Risk > Risk action types.
3. Click Add. The Add Risk action Type modal opens.
4. Add the name of the type.
5. Click Save. 

Edit a Risk Action Type

To edit a risk action type:

1. In the lower-left corner, click Profile and select Settings. 
2. In the Settings menu, select Risk > Impact Type Matrix.  
3. Click the type to be updated. The Edit Risk Action Type modal opens.
4. Update the name.
5. Click Save.

Delete a Risk Action Type

1. In the lower-left corner, click Profile and select Settings. 
2. In the Settings menu, select Risk > Risk Action Types.  
3. Select the box by the type or types to delete.
4. Click Delete. A confirmation modal opens.
5. Type the confirmation code displaying in the modal in the blanks.
6. Click Confirm.