Cybervergent
Risk Treatment

Treat a risk

Open a risk's Treatment, pick a strategy (Avoid, Reduce, Control, Accept, Transfer), justify it, apply control measures where needed, then assess and apply the residual risk.

Try it in Cybervergent
Treat a risk

Overview

Choose a treatment strategy, apply controls, and assess residual risk.

Step-by-step

  1. 1 Open a risk from the Risk Register and go to its 'Treatment' tab.
  2. 2 Under 'Risk Mitigation', select a strategy: Avoid Risk, Reduce Risk, Control Risk, Accept Risk, or Transfer Risk.
  3. 3 Enter the 'Treatment Justification', the 'Target Completion Date', and the 'Estimated Treatment Cost'.
  4. 4 If the strategy needs controls, click 'Add Measures', then 'Import Control' to apply controls under 'Risk Controls'.
  5. 5 Click 'Assess Residual Risk', then set the post-treatment likelihood and impact and the review or reassessment date.
  6. 6 Click 'Apply Treatment'. The residual rating updates on the register.
  7. 7 If your governance requires sign-off, the treatment shows as 'Draft' or 'Not Signed-off' until an approver signs it; approval is required for the treatment to take effect.
Try it in Cybervergent

Related articles