Risk Trends Analysis

Risk Trends Analysis provides historical risk data visualization and trend identification to help organizations understand risk patterns over time, forecast future risks, and measure the effectiveness of risk management activities.

Overview

Risk Trends Analysis enables organizations to:

• Historical Tracking - View risk data over time periods
• Trend Identification - Identify improving, stable, or deteriorating trends
• Pattern Recognition - Discover seasonal patterns and cycles
• Forecasting - Predict future risk levels based on historical data
• Effectiveness Measurement - Measure risk treatment success over time
• Comparative Analysis - Compare risk levels across different time periods

Trend Components

Risk Level Trends

Track changes in risk distribution:

• Critical Risk Trend - Number of critical risks over time
• High Risk Trend - Number of high risks over time
• Medium Risk Trend - Number of medium risks over time
• Low Risk Trend - Number of low risks over time

Risk Velocity Metrics

Measure risk management activity:

• Risk Creation Rate - New risks identified per period
• Risk Closure Rate - Risks closed or resolved per period
• Net Risk Change - Overall change in risk inventory
• Treatment Completion Rate - Percentage of treatments completed

Treatment Effectiveness

Track treatment success:

• Risk Reduction - Average risk score reduction after treatment
• Treatment Success Rate - Percentage of successful treatments
• Time to Treatment - Average time from identification to treatment
• Residual Risk Trends - Changes in residual risk levels

Time Period Analysis

Available Time Periods

• Last 30 Days - Short-term trend analysis
• Last 90 Days - Quarterly trend view
• Last 6 Months - Semi-annual analysis
• Last 12 Months - Annual trend comparison
• Custom Range - Select specific date range
• Year-over-Year - Compare same periods across years

Trend Visualization

Trends are visualized using:

• Line Charts - Show risk level changes over time
• Bar Charts - Compare risk counts across periods
• Area Charts - Display cumulative risk trends
• Sparklines - Mini trend indicators in summary cards

Key Metrics

Risk Inventory Trends

Total Risk Count

• Track overall risk inventory size
• Identify growth or reduction patterns
• Measure risk identification effectiveness

Active vs Closed Risks

• Compare active risk count to closed risks
• Measure risk resolution effectiveness
• Identify risk accumulation patterns

Risk Score Trends

Average Risk Score

• Track overall organizational risk level
• Measure risk posture improvement
• Identify risk escalation patterns

Score Distribution

• Monitor distribution across risk levels
• Identify concentration in specific levels
• Track movement between risk levels

Treatment Trends

Treatment Completion

• Track treatment plan completion rates
• Measure treatment implementation speed
• Identify treatment bottlenecks

Treatment Effectiveness

• Measure actual risk reduction achieved
• Compare planned vs actual risk reduction
• Identify most effective treatment types

Trend Analysis Features

Automatic Trend Detection

Flow automatically identifies trends:

Improving Trends

• Risk levels decreasing over time
• Treatment effectiveness improving
• Risk posture strengthening

Stable Trends

• Risk levels remaining consistent
• No significant changes
• Maintained risk posture

Deteriorating Trends

• Risk levels increasing over time
• Treatment effectiveness declining
• Risk posture weakening

Pattern Recognition

Identify patterns in risk data:

• Seasonal Patterns - Recurring seasonal risk changes
• Cyclical Trends - Regular risk cycles
• Event-Driven Spikes - Risk increases after specific events
• Gradual Changes - Slow, consistent trend changes

Forecasting

Predict future risk levels:

• Trend Extrapolation - Extend current trends forward
• Scenario Analysis - Model different future scenarios
• Risk Projections - Estimate future risk levels
• Resource Planning - Plan resources based on forecasts

Using Trends Analysis

Accessing Trends

1. Navigate to Reports → Risk Trends
2. Select time period for analysis
3. Choose metrics to display
4. Apply filters (category, owner, status)
5. Review trend visualizations

Interpreting Trends

Positive Trends

• Decreasing risk levels indicate effective risk management
• Increasing treatment completion shows active management
• Improving risk scores demonstrate program success

Concerning Trends

• Increasing risk levels may indicate emerging risks
• Declining treatment completion may indicate resource issues
• Deteriorating scores may require program review

Stable Trends

• Consistent risk levels may indicate mature program
• Stable treatment rates may indicate steady operations
• No change may require investigation

Comparative Analysis

Period Comparison

Compare different time periods:

• Month-over-Month - Compare consecutive months
• Quarter-over-Quarter - Compare consecutive quarters
• Year-over-Year - Compare same periods in different years
• Custom Comparison - Compare any two periods

Benchmark Analysis

Compare against:

• Historical Averages - Compare to historical performance
• Target Levels - Compare to risk appetite targets
• Industry Standards - Compare to industry benchmarks
• Organizational Goals - Compare to strategic objectives

Report Features

Interactive Charts

• Zoom & Pan - Focus on specific time periods
• Data Point Details - Hover for detailed information
• Filter Application - Apply filters to all charts
• Export Charts - Save charts as images

Export Capabilities

Export trend data:

• PDF Reports - Comprehensive trend analysis reports
• CSV Data - Raw data for further analysis
• Chart Images - Export visualizations
• Excel Workbooks - Detailed trend analysis

Customizable Views

Customize trend views:

• Metric Selection - Choose which metrics to display
• Chart Types - Select visualization styles
• Time Granularity - Daily, weekly, monthly views
• Aggregation - Sum, average, or count aggregations

Best Practices

Regular Monitoring

• Weekly Reviews - Monitor short-term trends
• Monthly Analysis - Comprehensive monthly trend review
• Quarterly Assessment - Quarterly trend deep-dive
• Annual Review - Year-end trend analysis

Action Planning

Use trends to:

• Identify Issues - Spot deteriorating trends early
• Validate Strategies - Confirm treatment effectiveness
• Adjust Approaches - Modify strategies based on trends
• Resource Planning - Plan resources based on forecasts

Communication

Share trends with:

• Management - Executive trend summaries
• Risk Committee - Detailed trend analysis
• Stakeholders - Trend highlights and insights
• Board - Quarterly trend reports

Integration with Other Reports

Risk Overview

Trends complement Risk Overview:

• Overview provides current snapshot
• Trends show historical context
• Together provide complete picture

Risk Analytics

Trends work with Risk Analytics:

• Trends show historical patterns
• Analytics provide deeper insights
• Both support strategic planning

Risk Appetite

Trends support Risk Appetite monitoring:

• Compare trends to appetite limits
• Identify appetite breaches
• Support appetite adjustments

Getting Started

1. Access Trends - Navigate to Reports → Risk Trends
2. Select Period - Choose time period for analysis
3. Review Trends - Examine risk level and treatment trends
4. Identify Patterns - Look for improving or concerning patterns
5. Take Action - Use insights to adjust risk management strategies
6. Monitor Progress - Track improvements over time

Risk Trends Analysis transforms historical risk data into actionable insights, enabling organizations to measure program effectiveness and make data-driven risk management decisions.

Next Steps

• Risk Overview Reports - Current risk snapshot
• Risk Analytics Dashboard - Advanced analytics
• Risk Appetite Management - Align trends with appetite
• Risk Management - Implement risk treatments