Functionality to identify the risks to a project/grant, develop mitigation strategies for risks, conduct periodic assessments of risks, and track risk status.
The table below categorizes the Risk Management functional area and includes a description, the sample uses, and other ways we see it implemented.
This table could be a helpful starting point to understand design principles for the Risk Management functional area in Amp Impact.
Functional Area | Amp Object Label | Amp Object API name | Abbrv | Object Description | Sample Use | Also Sometimes Called | Key relationships (Amp object's relationship in parentheses) | Sometimes connects to |
|---|---|---|---|---|---|---|---|---|
Risk Management | Risk | ampi__Risk__c |
| A Risk can be an issue that may disrupt a project or activity, or an incident/issue that has already occurred. The Risk record holds details such as the category, level, and mitigation strategy for the risk. A Risk can be related to a specific Activity or to a Risk Register (collection of risks) that is associated to a Project. | Examples of risks: Election Protest, Climate Change, Staff Turnover, Economic Recession | Issues, Incidents, Events | Risk Register (child in lookup) |
|
Risk Management | Risk Register | ampi__Risk_Register__c |
| A Risk Register record serves to group Risks (child records) together. Risk Registers can be related to a specific Project or to a different object through a custom lookup. | Education for All has separate risk registers for its Tanzania Project and Kenya Project and an operational risk register for the whole organization. |
| Risk (parent) |
|
Risk Management | Risk Assessment | ampi__Risk_Assessment__c |
| Object to store details of periodic evaluation of Risks. Can be related to a project Reporting Period and also assigned to a Contact. | The Education for All Tanzania project reviews the Risks in its Risk Register on an annual basis to determine which risks are closed, which ones need a mitigation strategy, etc. |
| Risk (child in lookup) |
|
Risk Management | Risk Action | ampi__xx_Risk_Action__c |
| Object to store details of mitigation actions for potential risks or response actions for risks that have occured. Risk Actions can be assigned to Contacts. | One of Educations for All Tanzania's identified risks is Election Protest. An associated Risk Action describes a mitigation plan that will take effect if this risk occurs. | Risk Treatments, Risk Mitigation Measures | Risk (child in lookup) |
|
Risk Management | Risk Relationship | ampi__xx_Risk_Relationship__c |
| Junction object that allows Risks to be affiliated with each other in a many-to-many relationship. Also allows a many-to-many relationship between Risks and Activitiies or Risks and Framework Objectives. | For the Education for All project, there is a Risk Relationship between the "Economic Recession" risk and the "Election Protest" risk where Economic Recession is identified as a contributing factor to Election Protest. |
| Risk (child in lookup x2) |
|
Risk Management | Risk Cause | ampi__xx_Risk_Cause__c |
| This object is used to capture details about potential or actual causes for risks. | A Risk Cause for the "Election Protest" risk could be "Opposing party loses election." |
| Risk (child in lookup) |
|