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Risk Management

Risk Management in Deep Space helps you track, assign, and visualise project risks, turning potential issues into accountable actions backed by live data.

The Risk Management tool helps you stay ahead of project risks by giving your team full visibility into potential issues — and holding the right people accountable for managing them.

What You Can Do

  • Log and track project risks across all stages of delivery.

  • Assign Risk Actions with owners, due dates, and mitigation strategies.

  • Get notified automatically when you're assigned or watching a risk item.

  • Tie Risk Actions to source data, so dashboards and reports show live risk impact in context.

  • Use filters and dashboards to focus on high-impact or overdue risks.

  • Maintain accountability with clear task ownership and audit history.

Example Workflow

A project manager logs a risk around delayed steel delivery. They assign a mitigation action to the procurement lead, set a due date, and add watchers. Deep Space sends automatic notifications, the task appears in “My Actions,” and the team can monitor whether it was resolved on time — with live data feeding into dashboards that show real project impact.

With Deep Space, risk isn’t just tracked — it’s actively managed and made visible across the team.