Creating a New Risk in Battleground Live

Key Steps:

1. Navigate to the Risks section in the left side panel and select All Risks.
2. Customise the display by sorting columns alphabetically or in reverse, and choose which fields to show by checking or unchecking relevant boxes.
3. Click on "Plus New Risk" in the top right corner.
4. Enter the risk name and select a valid user as the risk owner.
5. Fill in the key uncertainty fields, such as "Interest Rate Risk" and the business objective, like "Steady Profits".
6. Specify what could lead the risk off course, for example, "Changes in Inflation".
7. Write a Risk Summary Description or use the AI-generated prompt by clicking on the "Generate RRIF Radar AI" button.
8. Review and edit the generated description if necessary.

Cautionary Notes:

• Ensure that the risk name, owner, key uncertainty fields, and business objective are accurately entered.
• Double-check the Risk Summary Description for clarity and completeness before saving.

Tips for Efficiency:

• Use the AI-generated prompt to quickly create a descriptive Risk Summary Description.
• Regularly update and review risk entries to ensure relevance and accuracy.
• Refer to the Radar AI guide for more information on generating risk descriptions with AI.

Watch a video demonstration: