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Risk
Risk elements are not the same as the risks that you assign to an element through the Risks window. Such risks are internal to the selected element, whilst a Risk element can be associated with a number of elements, either in a logical group or totally separate.
Risk elements are available from the 'Requirements' page of the Toolbox.
Using the Risk element
A Risk is defined as the effect of uncertainty on objectives. In Project Management, it is necessary to try to identify risks and assess:
- The likelihood that they have a negative effect on a project and
- How large that effect is likely to be
Those risks with a high probability of occurrence and/or a large impact on the project can be mitigated.
A Risk Management process might consist of these five steps:
- Identify risks and represent each with a Risk element.
- Identify which elements (such as Components, Use Cases or Features) are vulnerable to each risk; you might decide to create «trace» dependencies from these elements to the Risk elements.
- Assess the likelihood and magnitude of the risks.
- Identify ways to mitigate the risks.
- Prioritize the risk reduction measures based on their likelihood, magnitude and ease of mitigation.
Notes
- Risk elements can be displayed with or without an identifying 'R' in the top right corner of the element; to toggle the display of this letter, select or deselect the 'Show stereotype icon for requirements' checkbox on the 'Preferences' dialog, 'Objects' page