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How to Link Risks to Objectives or Create New Risks in the Objectives & Risks Console

Use the Objectives & Risks Console to link existing risks to objectives or create new ones directly from the interface.

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Written by Nigel Groen
Updated over 3 weeks ago

Linking an Existing Risk to an Objective

  1. In the Objectives & Risks Console, click the blue “+” next to the objective

  2. A dropdown field will appear to search or scroll for an existing risk

  3. Select a risk to attach it

  • If your organization uses Portfolios, you will only see risks from portfolios you have access to

    • Admin Users can see all risks

    • Standard Users are limited to their assigned portfolios

Creating a New Risk from the Console

  • If the risk doesn’t exist, type its name in the search field

  • Click the “Add” option that appears

  • You’ll be taken to the Risk Details screen to enter risk info

  • Click your browser back button to return to the Objectives & Risks Console

What Happens After Linking a Risk

Once a risk is attached to an objective:

  • It appears below the objective with its Risk Name and Risk Rank

  • A colored light shows the Residual Risk Score status

    • Based on the Heat Map color logic

  • If the risk has an active Indicator Alert, it shows before the risk name

Understanding the Link Between Risks and Objectives

When attaching risks, consider:

  • Risks to the objective: Events that may hinder or help the objective

  • Risks from the objective: New risks introduced as a result of pursuing the objective

Viewing, Navigating, and Managing Attached Risks

  • Click the Risk Name or its circle in the Heat Map to open its details

  • Risks are listed by rank order under the objective

  • If there are more than 10 risks, click “View all risks” to open a filtered Enterprise Risk Console view

Detaching a Risk from an Objective

To remove the link:

  1. Open the Risk Details screen

  2. Scroll to the Strategic Objectives section

  3. Remove the objective from the list

This removes the link but does not delete the risk or the objective itself.

Applies to: Admin Users, Standard Users

Keywords: link risk, strategic objective, risk to objective, create new risk, risk console, attach risk, heat map, detach risk

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