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.

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 analyses of the regular control assessments help to ensure that the risk analyses are reliable

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.

The page displays the wide range of information in tabs.

Dashboard

Shows cards and tiles with information on, among other things, the status of the risk analyses, the risk relevance, the capture matrix, the risk categories and the status of the control assessment.

Most of the information is clickable and shows the corresponding details together with the processes concerned.

For cards with a blue icon, the overall information can be displayed in more detail.

You can use the Filter to filter risks and chances by the levels of the process hierarchy. Once you have selected a level, the chances and risks of the associated sublevels are displayed, if there are any.
Control assessment

This tab provides information on the overall assessment, on controls without assessments and on the assessment criteria execution, design, effectiveness and appropriateness of the controls.

Most of the information is clickable and shows the corresponding details together with the processes concerned.

For cards with a blue icon, the overall information can be displayed in more detail.

You can use the Filter to filter assessments by the levels of the process hierarchy. Once you have selected a level, the assessments of the associated sublevels are displayed, if there are any.
Comparison

Here you can compare different points in time across all risk analyses with regard to the capture matrix, risk categories and control assessments.

The comparison is used to track progress when monitoring how risks and chances develop in the Process Space.

You can switch the capture matrix between the risk matrix and the chance matrix by clicking the toggle icon.

You can use the Filter to filter the risk analyses you want to compare by the levels of the process hierarchy. Once you have selected a level, the risk analyses of the associated sublevels are displayed, if there are any.
Templates

Templates for risks and chances simplify and standardise how they are captured. Templates can be saved by the Process Owners or created here. They are available to the Process Owners when they create a risk analysis.

Similar risks or chances are usually relevant for similar process steps in particular, and similar controls are then also suitable for them. Templates make it easier to capture and monitor risks and chances consistently.