Risk form

---
title: Risk form
description: Use the risk form to add a risk to a demand.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/it-business-management/demand-management/risk-form.html
release: australia
product: Demand Management
classification: demand-management
topic_type: reference
last_updated: "2026-09-10"
reading_time_minutes: 1
breadcrumb: [Demand Management forms, Reference, Demand Management, Project Portfolio Management, Strategic Portfolio Management]
---

# Risk form

Use the risk form to add a risk to a demand.

<table id="tbl_RiskFields"><thead><tr><th>

Field

</th><th>

Description

</th></tr></thead><tbody><tr><td>

Number

</td><td>

System-generated ID number with a configurable prefix.

</td></tr><tr><td>

State

</td><td>

Current state of the risk. All new risks are created in the Pending state.The available states are: Pending, Open, Work in Progress, Closed Complete, Closed Incomplete, and Closed Skipped

</td></tr><tr><td>

Risk status

</td><td>

Status of the risk. The available options are: Pending, Achieved, Not Achieved, Avoid, Mitigate, Transfer, and Accept.

</td></tr><tr><td>

Probability

</td><td>

The likelihood that the event described in the risk occurs. The available options are: Absolute, High, Moderate, and Low

</td></tr><tr><td>

Impact

</td><td>

Impact of the risk event on the outcome of the demand.

</td></tr><tr><td>

Estimated cost

</td><td>

Estimated cost the risk event generates.

</td></tr><tr><td>

Risk rank

</td><td>

A value and color assigned to the risk. This value is calculated using risk probability and impact. You can configure the color and value using Risk Value Lookup. For more information, see [Configure a custom Risk rank and Risk value](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/demand-management/risk-value-lookup.md).

</td></tr><tr><td>

Risk owner

</td><td>

Primary resource who is responsible for monitoring and managing the risk.

</td></tr><tr><td>

Assigned to

</td><td>

Primary resource assigned to work on the risk.

</td></tr><tr><td>

Risk value

</td><td>

A value calculated from Risk Value Lookup. For more information see,[Configure a custom Risk rank and Risk value](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/demand-management/risk-value-lookup.md).

</td></tr><tr><td>

Due date

</td><td>

Requested date for the assigned resource to resolve the risk or the date on which the risk must be closed or addressed if not assigned to any resource.

</td></tr><tr><td>

Task

</td><td>

Demand to which this risk belongs.

</td></tr><tr><td>

Short description

</td><td>

Brief description of the event and its potential impact on the success of the demand.

</td></tr><tr><td>

Description

</td><td>

Details of the event and its potential impact.

</td></tr><tr><td>

Mitigation plan

</td><td>

Brief description of the efforts taken to mitigate the risk.

</td></tr><tr><td>

Work notes

</td><td>

Information to record and track the work accomplished for resolving the risk.

</td></tr></tbody>
</table>**Parent Topic:**[Demand Management forms](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/demand-management/demand-management-forms.md)