You can assign specific impact types to a risk.
Keepsite has two default impact types - cost and time. Additional impact types can be configured by organisation Owners or Administrators.
To view and update your organisation risk impact types
In your organisation's risk settings, navigate to the Impact section to view or edit Keepsite's defaults.
For the impact levels that will apply to all impact types the defaults are;
You can update these defaults to suit your preferences - reduce the range, increase it, or change the descriptions entirely.
When you are satisfied with the impact levels, you can then configure the thresholds and descriptions for each of your impact types.
The default settings are as follows:
|Impact level||Minimum Value (Currency)||Maximum Value (Currency)|
Cost impact is accounted for as an actual cost figure (not in % terms).
The default currency is British Pounds (GBP) but this can also be updated in your organisation settings.
|Impact level||Minimum Value (Days)||Maximum Value (Days)|
Time is accounted for as an actual number of days impact (not in % terms).
Time impact is the impact on the overall project schedule, which is the delay to the project critical path overall.
Future work will include to map time impact to specific schedule tasks (whether critical path tasks or not) and to stages, so that the impact of changes to time can be accounted for on a specific basis.
For other Impact Types:
While not included in Keepsite's defaults, you can add any other impact types you wish, within your organisation's settings. Other Impact Types do not include a minimum and maximum range and instead include a description field, which you can programme to correspond with each of the impact levels for the impact levels, for example, you may be concerned about risks that have a specific type of impact on your organisation. In that case, you will add Impact Type and populate the created fields as below;
Specific Impact Type (could be Quality, Reputation, Health and Safety, Environment, etc.):
|Low||A low-level impact description.|
|Low - Medium||A low-med level impact description.|
|Medium - High||A med-high level impact description.|
|High||A high level impact description.|