When you click on an assumption in the logframe window, you can provide information about the kind of risk you may have to deal with, its likelihood and potential impact, and how you will deal with that risk should it occur. On the left side of the details window you can indicate how important you think that risk is. On the right side, you can explain what your approach is to dealing with this risk.
First you can indicate what kind of risk this is: an operational risk; a financial risk; a risk for your objectives; a risk for your reputation; or another kind of risk.
Then you can indicate how serious you think this risk is, using two parameters. First, you assess how likely it is that this risk will occur in the course of your project. You can select one of four degrees of likelihood by clicking on the drop-down list:
Then you indicate what the impact would be should this risk occur:
Once you've indicated the likelihood and the potential impact of the risk, Logframer will calculate the Risk level percentage.
At the right side of the window, you can indicate how you will react should the risk eventually occur:
Below the response, you can write down what exactly will be your approach or response strategy once the risk occurs. Finally, you can also indicate which of the partners is ultimately responsible for dealing with the risk.