Risks

The Process Owner records and assesses risks and opportunities on their process. The Risk Manager or BPM Manager publishes the analyses and evaluates them for the entire Process Space.

With risk management in Bpanda, you record opportunities and risks within processes and keep them under control. A risk is an event that may occur and can have a negative effect on the process or its results; an opportunity is one that can have a positive effect. Controls ensure that the material risks and opportunities are reviewed regularly. You record a risk or an opportunity for the entire process or for an individual process element. Bpanda displays the entry there with a uniform symbol. The reason can be, for example, a new technology or a legal requirement.

The Process Owner creates a risk analysis for a published process version and assesses risks and opportunities in it using a matrix of probability of occurrence and extent of damage. However, this analysis only becomes visible to the other users once the Risk Manager or the BPM Manager publishes it.

Assessing risks and opportunities describes the work on the individual process: recording, assessing, assigning, saving as a template and defining a risk control.
Managing risks and opportunities describes the work across the entire Process Space: publishing, using the dashboard, comparing control assessments and maintaining templates.

As a Process Owner, you start assessing risks and opportunities on the process page with ⋮ Analyze Risks. The Risk Management page in the main menu under Risks is only visible to Risk Managers and BPM Managers.