Pryme Risk Management

• 1: Setup and Configuration
• 1.1: Risk Management Assisted Setup
• 1.2: Risk Management Setup
• 1.3: Scoring Setup
• 1.4: Risk Score Zones
• 1.5: Permission Sets
• 1.6: Reminders
• 2: Risk Register
• 2.1: Risks
• 2.2: Risk Reviews
• 2.3: Overdue Risk Reviews
• 2.4: Mitigation Actions
• 2.5: Risk Matrix
• 2.6: Related Records
• 2.7: Risk Templates
• 3: Pryme Risk Management Release Notes
• 4:

1 - Setup and Configuration

Before you start registering risks, configure the scoring model and review settings that drive the app. Setup is a one-time task, though you can adjust it as your risk framework evolves.

This section covers:

• Assisted Setup — guided wizard for configuring a new company in a few steps
• Risk Management Setup — core settings and number series
• Scoring Setup — likelihood levels, impact levels, and risk categories
• Risk Score Zones — score thresholds, zone labels, and review frequencies
• Reminders — automatic email reminders for overdue risk reviews and mitigation actions
• Permission Sets — user access to Risk Management features

When the setup is complete, you can move on to creating risks and managing your risk portfolio.

1.1 - Risk Management Assisted Setup

The Risk Management Assisted Setup wizard walks you through the minimum configuration needed to start using Risk Management: number series, a likelihood/impact scale, risk score zones, risk categories, and starter risk templates. It’s the fastest way to get a new company ready to score risks, and it’s safe to re-run later if you want to review or adjust the configuration.

When to use it

Run the wizard when:

• You’re setting up Risk Management in a new company and haven’t configured any of the setup pages yet.
• You want a recommended scale and score zones instead of building them field by field.
• You want to review your existing configuration and optionally replace it with a recommended preset.

To run the Assisted Setup wizard

Do one of the following:

• On the Risk Management Setup page, choose Set up Risk Management.
• Choose the 🔎 icon, enter Assisted Setup, choose the related link, and then select Set up Risk Management from the Getting Started group.

The wizard opens and guides you through the following steps.

Numbering

Set Risk Nos. and Template Risk Nos. — the number series used for live risks and template risks. Both fields come pre-filled with recommended series (RISK and RISKTMPL); a series is only created when you choose Finish, so nothing is written yet. If a series already exists, it’s kept unless you deliberately choose a different one. You’ll be asked to confirm before it’s replaced.

Both fields are required. You can’t move past this step with either one blank.

Risk scale

Choose a Scale: 3 Levels, 5 Levels, 7 Levels, or Custom. Choosing 3, 5, or 7 replaces the Likelihood and Impact Level lists on the next two steps with a matching recommended set. Choosing Custom leaves the lists as they are so you can build your own.

Likelihood Levels and Impact Levels

Review or edit the recommended Code, Description, and Numeric Weight for each level, or enter your own if you chose Custom. At least one level is required in each list, and Numeric Weight must be unique and greater than zero within each list. The wizard blocks Next with a specific error if either condition isn’t met.

See Scoring Setup for what these fields mean.

Risk Score Zones

Review or edit the recommended score zones, or choose Use recommended zones to apply the set that matches your selected scale. Together, the zones must cover every possible score with no gaps or overlaps, and each zone needs a Display Style and a Review Interval greater than zero. The wizard checks this before letting you continue and identifies the exact score or the two conflicting zones if something’s missing.

See Risk Score Zones for what these fields mean.

Risk Categories

Review or edit the list, or choose Use recommended categories to add the starter set: Financial, Schedule, Resource, Operational, Compliance, and Security. At least one category is required.

Starter Template Sets

Choose which starter Risk Template Sets to create: General Project Risks, General Customer Risks, General Vendor Risks, General Item Risks, and General Resource Risks. All five are selected by default. Each set’s risks are created as templates only, no live risks are added to your risk register.

See Risk Templates for how to use these sets afterward.

Finish

The final step summarizes everything you’ve configured. Choose Finish to apply it. The wizard validates the whole configuration one more time and, if everything checks out, creates any missing number series and writes the levels, zones, categories, and selected template sets in one operation. If validation fails, nothing is saved and you stay on the wizard to fix it.

After Finish, use the links on the page to jump to Risk Management Setup, the Risk List, or Risk Templates.

Overdue risk review and mitigation action email reminders aren’t part of this wizard. You can configure them afterward from Risk Management Setup. See Reminders.

Reopening the wizard

You can run the wizard again at any time from Risk Management Setup. It loads your current numbering, levels, zones, and categories into the same steps, so you can review them or replace them with a recommended preset.

Cancelling

If you close the wizard before choosing Finish and setup isn’t already complete, you’re asked to confirm. Closing without finishing discards everything you entered and makes no changes to your configuration.

Related information

• Risk Management Setup
• Scoring Setup
• Risk Score Zones
• Risk Templates
• Reminders

1.2 - Risk Management Setup

The Risk Management Setup page holds the core configuration for Pryme Risk Management. Open this page and complete the required settings before you register your first risk.

Open Risk Management Setup

Choose the 🔎 icon, enter Risk Management Setup, and then choose the related link.

Settings

Configure the fields on the setup page:

General

• Risk Nos. — the number series used to assign numbers to risks.
• Template Risk Nos. — the number series used to assign numbers to risk templates. Must be a different series than Risk Nos..

Reminders

• Send Overdue Risk Review Reminders — turns on automatic emails to risk owners when a risk passes its Next Review Date.
• Send Overdue Mitigation Action Reminders — turns on automatic emails to action owners when a mitigation action line passes its Due Date.

Turning either setting on schedules a recurring job queue entry that sends the reminders; turning it off cancels that job queue entry.

Related setup lists

The following actions on the Risk Management Setup page open the other lists used to configure Risk Management:

• Likelihood Levels and Impact Levels — the scales used to score risks. See Scoring Setup.
• Risk Categories — classifies risks by type. See Scoring Setup.
• Risk Score Zones — score ranges, review intervals, and matrix colors. See Risk Score Zones.
• Mitigation Actions — the reusable catalog of action types used on risk mitigation action lines. See Mitigation Actions.
• Risk Templates (under Templates) — predefined risks you can reuse when creating new risks for a related record.
• Risk Template Sets (under Templates) — named sets of risk templates that seed a full set of risks and mitigation actions for a related record in one action.

Sending reminders manually

Under Reminders, two actions let you send reminder emails immediately instead of waiting for the scheduled job queue entry:

• Send Overdue Risk Review Reminders
• Send Overdue Mitigation Action Reminders

Each action requires the matching Send Overdue... setting to be turned on.

Related information

• Assisted Setup
• Scoring Setup
• Risk Score Zones
• Reminders

1.3 - Scoring Setup

Before you can score risks, set up the scales you will use to rate likelihood and impact, and the categories that classify your risks. The risk score is calculated by multiplying the numeric weight of the selected likelihood level by the numeric weight of the selected impact level.

Likelihood levels

Likelihood levels define how probable a risk is to occur. Each level has a numeric weight that feeds into the risk score calculation.

To set up likelihood levels

1. On the Risk Management Setup page, choose Likelihood Levels. Alternatively, choose the 🔎 icon, enter Likelihood Levels, and then choose the related link.
2. For each level, fill in the following fields:
   • Code — a short identifier for the level (for example, L1, L2, L3, or RARE, POSSIBLE, LIKELY).
   • Description — the label shown when scoring a risk (for example, Rare, Possible, Likely).
   • Numeric Weight — the value used in the score calculation. Higher weights indicate higher likelihood.
3. Close the page when done.

Levels are displayed in ascending Numeric Weight order on list pages and lookups.

Impact levels

Impact levels define how severe the consequences would be if a risk occurs.

To set up impact levels

1. On the Risk Management Setup page, choose Impact Levels. Alternatively, choose the 🔎 icon, enter Impact Levels, and then choose the related link.
2. For each level, fill in the following fields:
   • Code — a short identifier (for example, I1, I2, I3, or MINOR, MODERATE, MAJOR).
   • Description — the label shown when scoring a risk (for example, Minor, Moderate, Major).
   • Numeric Weight — the value used in the score calculation. Higher weights indicate greater impact.
3. Close the page when done.

Impact levels are also displayed in ascending Numeric Weight order.

Risk categories

Risk categories classify risks by type. Assigning a category makes it easier to filter and report across the risk register.

To set up risk categories

1. On the Risk Management Setup page, choose Risk Categories. Alternatively, choose the 🔎 icon, enter Risk Categories, and then choose the related link.
2. For each category, enter a Code and a Description.
3. Close the page when done.

Related information

• Risk Score Zones
• Risks

1.4 - Risk Score Zones

Risk score zones group risks by score range and determine how often risks in each zone must be reviewed. When a risk’s likelihood and impact are set, the app assigns it to a zone automatically based on the calculated score.

How zones work

The risk score is the product of the likelihood numeric weight and the impact numeric weight. Zones define the score ranges that correspond to each risk level, for example, scores 1–6 map to Low, 7–14 to Medium, 15–25 to High.

Each zone has a review interval. Risks in a higher zone are typically reviewed more frequently than risks in a lower zone.

To set up risk score zones

1. On the Risk Management Setup page, choose Risk Score Zones. Alternatively, choose the 🔎 icon, enter Risk Score Zones, and then choose the related link.
2. For each zone, fill in the following fields:
   • Code — a short identifier (for example, LOW, MED, HIGH).
   • Description — the label shown on the risk and matrix (for example, Low, Medium, High).
   • Min. Score — the lowest score that falls into this zone.
   • Max. Score — the highest score that falls into this zone.
   • Review Interval (Days) — the number of days between required reviews for risks in this zone.
   • Color — the color used to display this zone on the risk matrix.

How zone assignment works

When you set the Likelihood and Impact fields on a risk, the app calculates the score and assigns the risk to the matching zone. The zone updates automatically whenever likelihood or impact changes. The zone’s review interval is also used to calculate the Next Review Date on the risk.

Related information

• Scoring Setup
• Risk Reviews
• Risk Matrix

1.5 - Permission Sets

Pryme Risk Management includes dedicated permission sets that control what users can see and do in the app. Assign the appropriate permission set to each user based on their role.

Available permission sets

To assign a permission set to a user

1. Choose the 🔎 icon, enter Users, and then choose the related link.
2. Select the user you want to update.
3. Choose Permission Sets.
4. Add the relevant Risk Management permission set.

Related information

• Assign Permissions to Users and Groups

1.6 - Reminders

Risk owners and mitigation action owners can get an automatic email when work they’re responsible for is overdue. Reminders are opt-in and configured separately for risk reviews and mitigation actions, so you can turn on one without the other.

When to use it

Turn on reminders when relying on the My Overdue Risk Reviews cue or manually checking the Overdue Risk Reviews page isn’t enough, for example, when owners need a nudge even on days they don’t open Business Central.

To turn on reminders

1. Choose the 🔎 icon, enter Risk Management Setup, and then choose the related link.
2. In the Reminders section, set one or both of the following to Yes:
   • Send Overdue Risk Review Reminders — emails risk owners when their risks pass Next Review Date.
   • Send Overdue Mitigation Action Reminders — emails action owners when their mitigation action lines pass Due Date.
3. The Job Queue Entry Card opens automatically. Review the schedule and choose Set Status to Ready (or your preferred schedule) to activate it.

Setting a reminder field to Yes only creates or reuses the job in an On Hold state. The reminder doesn’t actually run until you activate the Job Queue Entry.

To turn off reminders

Set the reminder field back to No. If the related Job Queue Entry is currently active, you’re asked:

“The scheduled job ‘[job description]’ is currently active. Do you also want to stop it?”

Confirming sets the Job Queue Entry to On Hold. The Job Queue Entry itself is never deleted, so turning the reminder back on later reuses it instead of creating a new one.

What counts as overdue

• Risk reviews — the risk’s Next Review Date is before today, Status is not Closed, and the risk has an Owner. This matches the Overdue Risk Reviews page, including materialized risks.
• Mitigation actions — the action line’s Due Date is before today, Status is not Completed or Cancelled, and the line has an Owner.

What the email contains

Each owner gets one email per reminder type, listing everything overdue that they own, not one email per risk or per line.

• Overdue risk reviews — lists Risk No., Description, Related Type, Related No., Score Zone, Next Review Date, and days overdue for each overdue risk.
• Overdue mitigation actions — lists Risk No., risk description, Mitigation Action, Description, Due Date, days overdue, and Status for each overdue line.

Recipient address

The recipient’s address is taken from the E-Mail field on their User Setup record, matched to the risk or action line Owner.

Sending a reminder on demand

You don’t have to wait for the scheduled job. On Risk Management Setup, choose Send Overdue Risk Review Reminders or Send Overdue Mitigation Action Reminders to run either job immediately.

Related information

• Risk Management Setup
• Overdue Risk Reviews
• Mitigation Actions

2 - Risk Register

The risk register is the central record of all business risks in your organization. This section covers the full workflow — from creating and scoring risks, to tracking mitigation actions, reviewing overdue risks, and visualizing the risk portfolio.

This section covers:

• Risks — create and manage risks, set likelihood and impact, assign owners
• Risk Reviews — mark risks as reviewed and manage review schedules
• Overdue Risk Reviews — work through risks that are past their review date
• Mitigation Actions — create mitigation actions and track them to completion
• Risk Matrix — visualize your risk portfolio on the interactive matrix
• Related Records — open and create risks from projects, customers, vendors, resources, and items
• Risk Templates — reuse template risks and risk template sets to quickly populate a new risk register

2.1 - Risks

The Risks page is the central list of all registered risks. From here you can create new risks, review scoring, track status, and navigate to related mitigation actions.

When to use it

Register a risk whenever you identify a potential event or condition that could affect a project, relationship, resource, or item, even if the probability is low. Registering it early lets you score it, assign an owner, and decide whether mitigation is needed.

To create a risk

1. From the role center, choose Risks in the menu. Alternatively, choose the 🔎 icon, enter Risks, and then choose the related link.

2. Choose New.

3. Fill in the Risk Card:

   • No. — assigned automatically.
   • Description — describe the risk in plain language.
   • Related Type — select the type of record this risk relates to: Project, Customer, Vendor, Resource, or Item.
   • Related No. — select the specific record.
   • Category — classify the risk by choosing from the available categories.
   • Owner — assign the person responsible for monitoring and managing this risk.
   • Likelihood — select a likelihood level from the list.
   • Impact — select an impact level from the list.

4. Navigate away or close the card, the record saves automatically.

Risk Score and Score Zone update automatically when you set Likelihood and Impact.

Risk status

• Identified — the risk is identified and active. This is the default status for new risks.
• Mitigating — the risk has one or more active mitigation actions in progress.
• Closed — the risk has been resolved, accepted, or is no longer relevant.

Materialized risks

Use the Materialized field to flag a risk that has occurred. Materialized risks remain active in the system, they continue to appear on the Overdue Risk Reviews page until they are closed. This ensures that risks that have materialized are still reviewed and managed until fully resolved. You can continue working on a materialized risk by adding mitigation actions, but the focus shifts from proactive prevention to reactive response, addressing the impact now that the risk has occurred.

Risk scoring

The risk score is calculated automatically:

Risk Score = Likelihood Numeric Weight × Impact Numeric Weight

The score determines which Score Zone the risk falls into. Zone assignment updates whenever you change the likelihood or impact.

See Scoring Setup for how to define likelihood levels, impact levels, and their numeric weights.

Review fields

Each risk tracks its review schedule:

• Score Zone — assigned automatically based on the current risk score.
• Next Review Date — the date by which the risk must next be reviewed, calculated from the zone’s review interval.
• Last Review Date — the date the risk was last marked as reviewed.

See Risk Reviews for how to mark a risk as reviewed.

Notes

The Notes FactBox is available on both the Risk Card and the Risk List. Use it to capture context, decisions, or observations that don’t fit in a structured field.

Mitigation actions subform

The Risk Card includes a mitigation actions subform where you can add the actions planned or taken to address the risk. For each line, you can either select a code from the predefined list or enter a free-text description directly. Each line also has the following fields:

• Due Date — the deadline for completing the action.
• Owner — the person responsible for the action.
• Status — tracks whether the action is open or completed.
• Estimated Cost (LCY) — the estimated cost of the action.
• Completion Date — the date the action was completed. It changes automatically when the status is set to Closed.

Related information

• Scoring Setup
• Risk Score Zones
• Risk Reviews
• Mitigation Actions
• Related Records

2.2 - Risk Reviews

Risk reviews keep assessments current. Each risk has a review schedule driven by its score zone. When a risk passes its review date without being reviewed, it appears on the Overdue Risk Reviews page until it is assessed and marked up to date.

When to use it

Review a risk when:

• The risk’s Next Review Date has passed.
• The risk’s circumstances have changed, for example, the likelihood or impact has increased.
• You are prompted by the My Overdue Risk Reviews cue on your role center.

To mark a risk as reviewed

1. Choose the 🔎 icon, enter Risks, and then choose the related link.
2. Open the risk you want to review.
3. Assess the current situation, update Likelihood, Impact, Status, or Materialized if anything has changed.
4. Choose Mark as Reviewed.

The system sets Last Review Date to today and calculates a new Next Review Date based on the score zone’s review interval.

Review schedule

The review interval for each risk is controlled by the Review Interval (Days) field on the risk’s Score Zone. A higher-risk zone typically has a shorter interval, for example, 30 days for Critical versus 180 days for Low.

See Risk Score Zones to adjust review intervals per zone.

Related information

• Overdue Risk Reviews
• Risk Score Zones
• Risks

2.3 - Overdue Risk Reviews

The Overdue Risk Reviews page shows all risks that are past their Next Review Date and have not yet been reviewed. This includes materialized risks, unless they are closed.

When to use it

Open Overdue Risk Reviews when:

• Your role center shows a count in the My Overdue Risk Reviews cue.
• You own a risk whose Next Review Date has passed and need to check its current status.

To work through overdue risks

1. Choose the 🔎 icon, enter Overdue Risk Reviews, and then choose the related link.

   Or, choose the My Overdue Risk Reviews cue on your role center.

2. For each risk, open the risk card and assess the current situation.

3. Update Likelihood, Impact, Status, or Materialized if anything has changed.

4. Choose Mark as Reviewed.

After marking as reviewed, Next Review Date is recalculated and the risk is removed from the overdue list.

My Overdue Risk Reviews cue

The My Overdue Risk Reviews cue on your role center shows overdue risks where you are the Owner. Drilling down opens the Overdue Risk Reviews page filtered to your risks only.

Materialized risks

A risk marked as Materialized has already occurred. Materialized risks continue to appear on the overdue list unless they are closed, ensuring that active incidents are still monitored until the risk is fully resolved.

Related information

• Risk Reviews
• Risks

2.4 - Mitigation Actions

Mitigation actions are a predefined list of actions you can use when adding action lines to a risk. Mitigation action lines are the actual records connected to a risk — they track what is being done, by whom, and by when.

When to use it

Use mitigation actions to track the steps being taken to bring a risk under control. As actions are completed, you can see the risk becoming less serious over time, whether that means a lower likelihood, a reduced impact, or both. Each action represents progress toward a point where the risk is no longer a concern.

To set up mitigation actions

Mitigation actions serve as a reusable catalog. Each has only two fields:

1. Choose the 🔎 icon, enter Mitigation Actions, and then choose the related link.
2. Choose New.
3. Fill in the fields:
   • Code — a short identifier for the action (for example, BACKUPVENDOR, CHECKAVL).
   • Description — a plain-language description of the action.

To add mitigation action lines to a risk

Action lines are added directly on the Risk Card in the mitigation actions subform, or from the Mitigation Actions page on the Risk List.

For each line, fill in the following fields:

• Code — optionally select from the predefined list. The action description will populate automatically.
• Description — describe the specific action. You can type this directly without selecting a code.
• Due Date — the deadline for completing the action.
• Owner — the person responsible for the action.
• Status — set to Open, In Progress, or Closed.
• Estimated Cost (LCY) — the estimated cost of the action.

Completion Date is set automatically when the line Status is changed to Closed. This field is read-only.

Action line status

• Open — the task has been created but work has not started.
• In Progress — work on the task is underway.
• Closed — the task is complete. Completion Date is set automatically.

To open mitigation actions from the Risk List

On the Risk List, select a risk and choose Mitigation Actions. The page opens showing only mitigation actions for the selected risk.

Related information

• Risks

2.5 - Risk Matrix

The Risk Matrix gives you a visual overview of all active risks plotted by likelihood and impact. Risks are color-coded by score zone, making it easy to spot clusters in high-risk areas and track whether your portfolio is improving over time.

Open the Risk Matrix

Choose the 🔎 icon, enter Risk Matrix, and then choose the related link.

You can also choose Risk Matrix from the Risk Management navigation in your role center.

Filter the matrix

Use the Filters section at the top of the page to narrow which risks appear in the matrix:

• Related Type — filter risks linked to a specific entity type
• Related No. — filter risks linked to a specific record
• Category Code — show only risks in a given category
• Status Filter — defaults to Not Closed; change to view closed or all risks
• Owner — filter by the person responsible for the risks
• Score Zone — filter to show only risks in a specific score zone (e.g. high, medium, low)

The matrix updates immediately when you change a filter value.

Reading the matrix

The matrix is a grid with likelihood levels along the vertical axis and impact levels along the horizontal axis. The levels shown depend on what has been configured in your setup.

Each cell displays the number of risks in that likelihood and impact combination, and the score assigned to that position. Colors correspond to the score zones defined in setup:

• Green — Low zone
• Yellow — Medium zone
• Red — High zone

Zone colors and score thresholds are configurable in Risk Score Zones.

View risks from a cell

The Risks list at the bottom of the page shows the individual risks for the cell you select in the matrix. From here you can:

• Choose View to open a risk in read-only mode
• Choose Edit to open the risk card and make changes
• Choose New to create a new risk directly from the matrix

Related information

• Risk Score Zones
• Risks

2.6 - Related Records

You can open risks and create new risks directly from the records they relate to, without navigating to the risk register first. This makes it faster to register risks in context and to check existing risks while you are working on a project, customer account, or other record.

Supported pages

Risk navigation actions are available on the following pages:

On list pages, the actions apply to the currently selected record.

Available actions

Risks

Opens the Risks page filtered to show only risks related to the selected record.

To open risks from a related record

1. Open the relevant page, for example, a Customer Card or Project List.
2. Select the record.
3. Choose Risks from the actions.

The Risks page opens filtered to the selected record.

New Risk

Opens a new Risk Card with Related Type and Related No. pre-filled based on the selected record.

To create a new risk from a related record

1. Open the relevant page.
2. Select the record.
3. Choose New Risk from the actions. A new Risk Card opens with Related Type and Related No. pre-filled.
4. Fill in Description, Owner, Likelihood, and Impact.
5. Navigate away or close the card, the risk saves automatically.

Create Risks from Template

The same pages also offer Create Risks from Template, which creates several risks at once from a predefined Risk Template Set instead of one blank risk at a time. See Risk Templates.

Progressus pages

The same Risks and New Risk actions are also available on the Progressus Project Card and Project List pages. They work identically, the risk is created with Related Type set to Project and Related No. set to the selected Progressus project number.

Related information

• Risks
• Mitigation Actions
• Risk Templates

2.7 - Risk Templates

Risk Templates let you save common risks and their mitigation actions once, then reuse them whenever a similar project, customer, vendor, item, or resource comes along. Risk Template Sets group related template risks together, for example, a standard set of risks every new project should be checked against, so you can create several risks at once instead of registering them one by one.

When to use it

Use templates when:

• You’re starting work with a new project, customer, vendor, item, or resource and want to seed the risk register with the risks you always expect to check for.
• You’ve just registered a risk that’s likely to recur elsewhere and want to save it as a reusable starting point.
• You want existing risks to follow a standard set of fields and mitigation actions instead of being filled in from scratch each time.

A template risk is a normal Risk record with the Template field set. Templates hold Description, Category, Likelihood, Impact, and their mitigation action lines, but not Owner, Status, or review dates, those only make sense on a live risk.

To create risks from a Risk Template Set

From a related record

1. Open the relevant Project, Customer, Vendor, Resource, or Item card or list, and select the record if you’re on a list.
2. Choose Create Risks from Template.
3. The Risk Template Sets list opens, filtered to the matching Related Type and bound to the selected record.
4. Select a set and choose Create Risks from Template.

All risks and mitigation actions in the set are created for that record in one go.

A message confirms how many risks were created and for which record, for example: “3 new risk(s) for Project P0001 created.”

From the Risk List

1. Choose the 🔎 icon, enter Risks, and then choose the related link.
2. Choose Create New Risk from Template.
3. The Risk Template Sets list opens without a related record bound.
4. Select a set, choose Create Risks from Template, and select or enter the record it’s for.

Choosing which risks to include

If you want to create only some of a set’s risks, open the Risk Template Set Card instead of using the list-level action:

1. On Risk Template Sets, open the set you want.
2. Enter Related No. — the specific record the risks will be created for.
3. On the Risks subpage, clear Include for any template risk you don’t want created this time.
4. Choose Create Risks from Template.

Only the included rows are created.

Managing template risks

Open Risk Templates (choose the 🔎 icon, enter Risk Templates, and then choose the related link) to see all existing template risks, with Related Type, Category, Likelihood, Impact, and Score. Templates aren’t created directly from this list, use one of the ways below.

Save an existing risk as a template

1. Open the Risk Card for the risk you want to reuse.
2. Choose Save as Template.

A new standalone template risk is created, copying Description, Category, Likelihood, and Impact, along with its mitigation action lines (Action Code, Description, Estimated Cost (LCY) — line status resets to Open). The original risk is left unchanged, and the new template isn’t added to any Risk Template Set automatically.

Apply a template to an existing risk

1. Open the Risk Card you want to fill in.
2. Choose Apply Template.

If exactly one template risk matches the card’s Related Type, it’s applied automatically. If several match, you’re prompted to pick one. You’re then asked whether to overwrite fields that already have a value, or only fill in the blanks. Owner, Status, and review dates are never touched by this action.

Mitigation action lines are merged by Action Code: lines with a matching code are updated, and lines with a new code are added. Existing lines are never removed.

Create a template risk directly from a set

On a Risk Template Set Card, use:

• Add Template Risk — creates a new blank template risk and opens its card. If you close the card without entering a Description, the template is discarded and no line is added to the set.
• Add Existing Risk — links an existing template risk of the same Related Type to the set.
• Remove from Set — removes the line from the set without deleting the template risk itself.

Managing Risk Template Sets

Open Risk Template Sets to see all sets, with Code, Description, Related Type, and the number of template risks in each. Related Type can’t be changed once a set has template risks, remove them first if you need to change it.

Add or remove a template from multiple sets

A template risk can belong to more than one set. On the Risk Template Card, the Template Sets FactBox lists which sets currently include it, with:

• Add to Template Set — link the template to another set of the same Related Type.
• Remove from Template Set — unlink it from a set without deleting the template.

Where templates appear

Template risks are excluded from the Risk List, the Risk Matrix, and Overdue Risk Reviews, they never show up alongside your live risk register, and they’re never flagged as overdue for review since they don’t have owners or review dates.

Related information

• Risks
• Mitigation Actions
• Related Records
• Assisted Setup

3 - Pryme Risk Management Release Notes

14.0 (August 2026)

Required BC version: 28.0

Application enhacements

Risk templates and template sets

Risk templates and template sets make it easier to reuse common risks and mitigation actions across projects, customers, vendors, resources, and items. Templates can be organized into sets for each related record type and reused across multiple sets where relevant. Users can create all or selected risks from a template set, save an existing risk and its mitigation actions as a new template, or apply a template to a risk being edited. This speeds up risk registration, improves consistency across the organization, and reduces repetitive manual work. Learn more about the risk templates here.

Email reminders for overdue risk activities

Risk owners can now receive automatic email reminders when their risks are overdue for review or their mitigation actions have passed the due date. Each reminder type can be enabled and scheduled independently from Risk Management Setup, where the required job queue entry is created automatically. Instead of receiving a separate email for every overdue item, each owner receives one consolidated email per reminder type listing all risks or mitigation actions that require attention. This makes overdue work more visible and helps keep risk reviews and mitigation activities on track. Learn more here.

Risk Management assisted setup

A new assisted setup wizard guides administrators through the initial risk management configuration, including number series, risk scales, score zones, review intervals, categories, and optional starter template sets. Recommended data is created in the user’s language, helping companies configure the app quickly and consistently. Built-in validation also prevents conflicting number series, invalid scale configurations, and changes to setup values that are already in use. Learn more here.

Risk Management sample data

Risk Management is now available as a module in the Contoso Demo Data Tool and when creating an evaluation company. It generates a complete setup with scoring levels, score zones, categories, starter templates, sample risks, and mitigation actions, including overdue items and different risk statuses. This makes the app ready to explore, demonstrate, and test immediately without requiring manual configuration.

Fixes and minor adjustments

• #74 - Cues are red when value is zero
• #78 - Restyle overdue reminder emails and add record links
• #76 - Assisted Setup bug fixes

13.2 (July 2026)

Application enhancements

Added six colors to the Risk Matrix

The Risk Matrix now supports six score zone colors, ranging from light green to dark red. This provides a more detailed view of risk severity and makes it easier to distinguish between levels such as elevated, high, and very high risk.

Added Risk Matrix FactBoxes to related pages

A compact Risk Matrix FactBox has been added to Project, Customer, Vendor, Resource, and Item cards and lists, including PGS Project pages. It shows the risk exposure for the selected record and allows users to open a filtered Risk List directly from a matrix cell.

Fixes and minor adjustments

• #52 - Align matrix UI with BC standard

13.1 (June 2026)

First version of Pryme Risk Management.

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