Who is this article for?

Users who want to know more about Risk statuses and conditions.

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Depending on its progress, a Risk can display one of many statuses. This article contains the full list of statuses and their behaviour.

1. Status overview

Status	Icon	Description
OK		Indicates no Risk.
Alert		Indicates a high Risk.
High Risk		Indicates a high Risk but not at Alert status.
Warning		Indicates medium Risk.
Unknown		Unable to determine due to missing data.
Rider icon		When a Risk icon shows a Rider icon, this means that although the overall status for this Risk register is amber, there is something underneath that is at red and may need further investigation. Rider icons cannot be generated in a report.

2. Status behaviour

Behaviour of Parent Risk statuses is decided by the selected Risk Aggregation Type option.

Average Assessment

This option averages the Impact and Likelihood scores from each Child-level Risk, and adds this as an assessment to the Parent Risk. These Parent-level assessments are counted as true assessments further up the Risk tree.

Need an example of how this is calculated? 
A Parent Risk has 6 Sub-Risks and their impact and likelihood assessment scores are: 
16 (4x4), 12 (4x3), 12 (4x3), 12 (3x4), 16 (4x4) and 12 (4x3)
For the Parent Risk, the system calculates the average score for both the impact and likelihood values from the Sub-Risk items:
Impact Scores: 4 + 4 + 4 + 3 + 4 + 4 / 6
Average Score = 3.8 (round up to 4)
Likelihood Scores: 4 + 3 + 3 + 4 + 3 / 6
Average Score = 3.5 (round up to 4)
This means the Parents Risks impact and likelihood assessment score is: 
(4x4) which has an assessment value of 16 (the assessment value is set in the Risk Matrix configurations)

Worst Child

This option means that the worst Status from a child-level Risk is assigned to its Parents, and doesn't count as a separate assessment. Only the Child-level Risks will appear in the Matrix.