Handle a materialised risk

A risk that has actually occurred is no longer a risk — it’s a governance issue that needs a decision. This guide covers marking a risk as materialised and routing it to a decision of record.

Before you start

• You need edit rights on the project.
• Only downside Risks can materialise (not opportunities).

Mark a risk as materialised

1. Open Risks and open the risk that has occurred (choose to edit it).
2. Turn on the Has this risk materialised? toggle.
3. Save.

The risk is pinned to the top of the register under Materialised risks, and it surfaces on Investment Health under Decisions Needed — so the governance response is visible where the sponsor already looks.

Route it to a decision

A materialised risk stays in the “needs a decision” state until you record what the investment is going to do about it:

1. Open the Decisions register.
2. Record a decision — reference the materialised risk it responds to, so the two are linked in the audit trail.
3. Adjudicate the decision (Approve / Reject) to close the loop.

Tip

This is the materialised-risk pattern: Tollgate doesn’t add an “Issues” tab. A risk that occurs becomes a decision of record, which is the governance view a sponsor needs.

Related

• Log a risk and apply a treatment.
• Record a decision.