Overview of Risk Manager

The Risk Manager app in Diligent One helps you to identify, assess, and score all the Risk Manager objects such as risks, controls, processes, and objectives in your organization. Use the Risk Manager app to incorporate an end-to-end enterprise risk management solution into your organization's existing workflows.

In addition to the Risk Manager app, you can manage risks and controls using the Projects app to manage the risks and controls for your audits.

Key features

Here are the key features of Risk Manager:

• Manage your risks, controls, processes, and objectives Create and manage your risks, controls, processes, and objectives from one location.
• Create risk relationships and hierarchy Create a hierarchy of risks and relate them to other risks, controls, organizations, assets, processes, and relevant entities.
• Assess your risks and controls Perform risk assessments to determine the likelihood and consequences of a risk event and perform control assessments to evaluate the effectiveness of a control.
• Determine risk scores Calculate risk scores based on impact and likelihood of a risk.