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Potential Issues with Risk Assessment

While the Risk Radar app in monday.com uses a standardized scoring model to evaluate execution risk, there may be situations where the built-in calculation doesn't fully reflect your team’s expectations or the context of a particular task. Here's what to consider:


1. 🎯 Standard Weighting System

Risk Radar assigns weights to three core risk factors:

  • Likelihood of a problem — Given extra weight, since a high likelihood means the issue is more likely to happen.

  • Impact on the project — Considered important, but its effect on the final score is scaled depending on likelihood.

  • Difficulty to fix — Can increase or decrease the score depending on how complex the issue is to resolve.

This model covers most use cases but may not reflect every team’s workflow or priorities.


2. 🔍 When the Standard Model Might Not Be Enough

Some teams may view risk differently than the default model:

  • You may treat Impact as more critical than Likelihood.

  • You might consider Difficulty as a minor factor, or a major one, depending on the type of project.

In such cases, the automatic calculation may misrepresent the true urgency or complexity of the task.


3. đź›  Customizing the Risk Score with Updates

While Risk Radar calculates the score automatically, it gives you flexibility:

After selecting all values, when you click "Save Result", the app creates a detailed update inside the item.

To adjust the risk score manually:

  • Open the Updates tab of the item.

  • Edit the generated update content (if needed).

  • You can clarify your rationale or tweak the score to better reflect your team’s interpretation of the risk.

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This lets you balance automation with human insight.


4. đź’ˇ Why This Flexibility Is Valuable

  • Tailored Assessments – Adjust scores to fit your team's actual decision-making process.

  • Informed Collaboration – Ensure the whole team sees risks from the right perspective.

  • Clear Documentation – Updates keep a history of what was assessed, when, and why — perfect for transparency and follow-up.


5. đź§Ş Example Use Case

Let’s say Risk Radar calculates a 6.1 (Medium Risk), but your team believes the task’s Impact is more critical than reflected.

You can add a note in the update, or revise the wording to explain this nuance:

Saved Risk Score: 6.1 🟡 (MEDIUM RISK) But team considers it closer to HIGH due to potential financial consequences.

This ensures your Risk Radar assessment is not just a number — it’s a real reflection of project context.


6. âś… Conclusion

The Risk Radar app in monday.com is built to offer a consistent, easy-to-use framework for risk evaluation. But your judgment matters too. By leveraging the update feature, you can annotate, clarify, or customize risk scores to better serve your project and team.