Managing Risks and Opportunities

Risk analyses must be published in order to make this information accessible to everyone who is allowed to see the process concerned.

The Risk Manager (or the BPM Manager) decides whether the risk and chance analyses created by the Process Owners are published. They are therefore responsible for the risk and chance information that users of the processes concerned can see.

This also makes key source data available for the evaluations on the Risk Management page.

The Risk Management page

The Risk Management page provides Risk Managers and BPM Managers with a structured overview of all risk analyses in the Process Space, spread over several tabs.

What is risk management for the Process Space used for?

Chances and risks identified for processes are summarised in overviews for all published processes in the Process Space
The status and relevance of the risks and chances are evaluated on the basis of their assessments
The evaluations help you focus on the key risks and chances in your company’s process landscape
The control assessments show whether the controls are effective and therefore whether you can rely on the risk analyses

Bpanda supports comprehensive and consistent documentation of process risks and chances as well as focused monitoring of how they develop.

Structure of the Risk Management page

The Risk Management page is available to Risk Managers and BPM Managers and can be opened via the Risks menu item in the main menu. It gives you access to the risk management information for the Process Space.

Risk Management page on the Dashboard tab: tiles for analysis status, open analyses, new processes, risk relevance and risk matrix

The page displays the wide range of information in four tabs.

Dashboard — the overview of all risk analyses in the Process Space, see Using the risk management dashboard.
Control assessment — the status of the regular controls, see Using control assessments.
Comparison — two reference dates side by side, see Comparing control assessments.
Templates — the saved patterns for capturing, see Templates for risks and chances.