Project risk, finally connected to real work
A complete, ready-to-use risk register for Odoo Projects: score risks on a 5x5 probability-impact matrix, roll severity up to every project and task, and close the loop with structured mitigation, assessment and lessons learned.
The problem
Project risks live in spreadsheets, email threads, or a single manager's head. When a risk finally hits, nobody documented its probability, its impact on scope, budget or schedule, or an agreed mitigation plan — so teams react late and repeat the same mistakes on the next project.
The solution
Cerevantix Risk Management gives every risk a home inside the project it threatens: score it on a 5x5 matrix, link it to a task and an owner, track mitigation and checklist progress, and roll severity straight up to a project health badge leadership can see at a glance.
Everything a connected risk register needs
Every capability below is implemented in the module.
5x5 Risk Matrix and Auto Severity
Score every risk on a standard 1-5 probability by impact scale. Rating and severity — Low, Medium, High, Critical — compute automatically, with a native pivot Risk Matrix view giving a color-banded overview of the whole register.
Configurable Severity Thresholds
Tune where Medium, High and Critical begin from Project Settings so the severity bands match how your organization actually rates risk — no code, no consultant.
Guided Taxonomy Setup Wizard
A first-run wizard installs a ready-to-use taxonomy in minutes: a generic PM risk library plus an optional construction pack, together covering 50+ pre-configured risk categories.
Reusable Mitigation Library
Build a library of proven mitigation strategies with estimated cost and duration, then attach them to any risk instead of writing a response plan from scratch every time.
One-Click Risk Templates
Turn a recurring risk pattern into a template with default category, probability, impact, tags and mitigations, then instantiate a fully-populated risk with a single selection.
Project and Task Roll-Ups
Every risk links to a project and, optionally, a specific task. Stat buttons on the project and task forms surface open risk count, high-severity count, exposure score and an overall risk health badge.
Assessment and Closure Workflow
Risks move through Draft, Open, Mitigated and Closed states with a parallel Unassessed, In Review, Approved assessment track, plus a close wizard that requires a documented closure reason and captures lessons learned.
Checklist Tracking
Attach a checklist of action items to any risk and watch a live completion percentage as items get ticked off, right on the risk form.
PDF Risk Register and Dashboard
Export the current risk register to PDF straight from the list view's Print menu, and get a severity dashboard for a portfolio-level read on where exposure is concentrated.
How it works
Set Up Your Taxonomy
Run the setup wizard once to install a generic risk taxonomy, an optional construction pack, or both — 50+ categories ready in minutes.
Log and Score Risks
Create a risk against a project or task, rate its probability and impact on the 5x5 matrix, and let severity compute automatically.
Assign, Mitigate, Track
Assign an owner, attach mitigation strategies or a response plan, and work through a checklist while the assessment workflow tracks review and approval.
Close With Lessons Learned
When the risk is resolved, close it with a required closure reason and captured lessons learned, while the project and task risk badges update automatically.
Frequently asked
No sales fog. If your question isn't here, email us and we'll answer it the same way.
No. It depends only on the standard Odoo Community Project and Discuss (mail) apps and installs cleanly alongside them.
Buy it on the Odoo App Store
Purchase, download and install directly from the official Odoo Apps Store — you'll always get the latest supported build.
Project & Task Risk Management
A connected risk register for Odoo Projects — 5x5 scoring, guided taxonomy setup, a mitigation library, and severity roll-ups onto every project and task.
Buy on Odoo App Store