Manage risks effectively

With this use case, identify and mitigate project risks by anticipating and managing action plans.

Best for

#Project managers
#IT
#Finance
#Managers
#Operations

Overview

Assess and mitigate risks along the execution phase, backed by real-time dashboards and reports and make decisions based on probability, cost, impact, and more. With this use case, see how you can:

1

Utilize automations and alerts to relevant stakeholders to manage risks effectively.

2

Provide transparency to stakeholders on potential risks tied with their impact and probability.

3

React quickly to risks and be prepared beforehand to minimize costs and damage.

4

Analyze potential risks using dashboards, filters, and views, and fit the best action plan for each.

5

Ensure that risks are managed efficiently by communicating mitigation progress and needs as they arise.

Try out this use case

Template version includes:

Table view, dashboard, automtions

Full solution includes:

Advanced risk dashboard, formula column, automations

See it in action

Results by the numbers

50

%

60

h

$

139K

increase in collaboration & efficiency
time saved yearly per person
more yearly savings

“Being able to flag something as a risk is great but classifying that risk and adding live data is the actual key for informed business conversations.”

Paola Galeano
Pre-Sales Engineer | monday.com

Integrations & Apps

Implementation time

6-10

hours

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Overview

Assess and mitigate risks along the execution phase, backed by real-time dashboards and reports and make decisions based on probability, cost, impact, and more. With this use case, see how you can:

1

Utilize automations and alerts to relevant stakeholders to manage risks effectively.

2

Provide transparency to stakeholders on potential risks tied with their impact and probability.

3

React quickly to risks and be prepared beforehand to minimize costs and damage.

4

Analyze potential risks using dashboards, filters, and views, and fit the best action plan for each.

5

Analyze potential risks using dashboards, filters, and views, and fit the best action plan for each.

See it in action

Top use cases

https://efficiencyimpact.monday.com/use-case/manage-risks-effectively