Within Teamwork, risks are possible events that can have an impact on the success of your project.
You can record and track risks in each of your projects, and note a mitigation/response plan so your team knows what to do when a risk develops into an issue.

For each risk, you can specify:
- Probability of risk source happening
- 1 - 3 (low impact - green)
- 4 - 6 (medium impact - orange)
- 7 - 9 (high impact - red)
- Impact on project if risk source happens
- 1 - 3 (low impact - green)
- 4 - 6 (medium impact - orange)
- 7 - 9 (high impact - red)
- Status
- Open
- Pending
- Closed
- Impact Areas
- Cost - a financial impact
- Schedule - a time related impact
- Performance - an impact on output/success of a project
Once a risk has been added, you will see the risk result has been calculated based on.
- Risk result = (probability) x (impact)

For more information, see: Adding a Risk