This article provides basic work instructions for the Risk and Opportunity module in Relatics 5, including how to identify and register risks and opportunities, assess their impact and likelihood, and retrieve and manage associated elements such as mitigation measures, responsible persons, and status updates.
Risk
Introduction
In this module, you can manage all project-related risks. Risks may arise from project assessments, stakeholder input, or unforeseen developments. Relatics enables you to identify, assess, mitigate, and track these risks in a structured and transparent way—helping you stay in control throughout the project lifecycle.
Objective
The goal is to ensure full traceability and clarity around all project risks. In many projects, risks are only informally discussed or inconsistently documented, which can lead to missed threats, unmanaged exposures, or repeated mistakes. Imagine trying to explain how a residual risk was accepted without having a clear record of the assessment and mitigation steps taken.
Solution
Relatics supports a consistent risk management process—if used correctly. By registering risks, assessments, mitigation measures, and any resulting residual risks in this module, you build a clear and up-to-date risk overview. This improves project decision-making, accountability, and enables proactive management of potential issues.
Opportunity
Introduction
In this module, you can manage all project-related opportunities. Opportunities may arise from creative insights, stakeholder input, process improvements, or changes in external conditions. Relatics enables you to identify, categorize, and track these opportunities in a structured and transparent way—so you can actively capitalize on potential benefits throughout the project lifecycle.
Objective
The goal is to ensure full traceability and clarity around all project opportunities. In many projects, valuable ideas or chances for improvement are lost because they are discussed informally or not followed up on. Imagine missing out on a cost-saving or efficiency gain simply because no one documented it properly.
Solution
Relatics supports a consistent opportunity management process—if used correctly. By registering opportunities and their types in this module, you can keep track of all the opportunities that arise during the project.
Work Instruction – Opportunity
Need help getting started?
In addition to this article, we’re happy to offer further support in using the Risk & Opportunity module. We can also provide a Relatics training tailored to your project or team. Simply leave your phone number in the ‘Get in Touch’ form below, and we’ll contact you shortly.
