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Risk Assessments can be done (and regularly re-done) on any DNA Operational Action within AMS. This activity is fundamental to the priorities that are then applied by the business to create improvements and to better manage the business.
Risk Assessment (when done at the overall Operational Action level) also produces the "health" visualisation of the Business DNA. When an overall action risk assessment is high then it is coloured "RED". This signifies that the action is critical to the business but not being performed well. An "AMBER" action is one that is not being performed well but is not currently critical to the business, and a "GREEN" action indicates that the action is being performed satisfactorily at that time.

However every operational action can have many risks associated with it and the AMS allows the identification of multiple risks and the "Manage Risk" menu item displays a search list directory of ALL of the risks that have been identified throughout the business, and associates them with the Operational Action to which they specifically relate. A detailed risk analysis of an operational action should be performed in preparation for an Improvement Audit.
Clicking on any risk item will open up the details of that identified risk and any suggested actions required to mitigate that risk.

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 PLEASE NOW SELECT STEP 5: - Conduct Audits