Power Framework RISK
FAQs
General Overview
Learn how we take a data-driven, AI-powered approach to enterprise risk and get better visibility with Power Framework RISK – the essential tool for governance and decision-making.
Power Framework RISK is an Enterprise Risk Management Solution built on the Microsoft Cloud. It supports the entire risk management lifecycle, from risk identification and assessment to governance, reporting, and ongoing monitoring. The application is designed to help organizations move from informal, siloed risk processes to a unified, data-driven approach.
Platform & Deployment
Power Framework RISK is an ERM solution built on Microsoft Power Platform (Power Apps, Automate, BI, Dataverse) with native Teams and SharePoint integration. It deploys in your Microsoft 365 tenant for full data control and connects to ERPs like SAP/Dynamics for automated risk data sync.
The solution is built on the Microsoft Power Platform, leveraging Power Apps for application logic, Power Automate for workflow automation, Power BI for analytics and dashboards, and Dataverse for secure data storage. It also integrates with Microsoft Teams and SharePoint for collaboration and document management.
Power Framework RISK is deployed directly into your organization’s Microsoft 365 environment (tenant). This ensures that all data remains within your control and leverages your existing security, compliance, and user management infrastructure.
Yes, it supports integration with a wide range of business systems, including ERP solutions like SAP and Dynamics as well as databases, cloud services, and office tools. Integration can be automated for data synchronization, such as importing vendor or project data from external systems.
Risk Register & Lifecycle Management
The risk register is a central repository for all risks, supporting both operational and strategic risks. Risks can be categorized, grouped by business unit, and linked to strategic objectives, projects, vendors, and other relevant entities. The register supports configurable views, filters, and grouping options.
The risk lifecycle is fully configurable and typically includes stages such as identification, assessment, treatment, monitoring, and closure. Organizations can tailor the lifecycle stages and terminology to match their internal processes.
Yes, risks can be related to vendors, projects, strategic risks, business units, and other data entities. This enables richer analytics and context for risk reporting and management.
Risk Assessment & Scoring
Risks are scored using fully customizable likelihood vs. consequence matrices, automatically generating RAG (Red/Amber/Green) status based on your thresholds. The system tracks both inherent and residual risk levels with complete assessment history, while allowing full tailoring of categories, risk appetite, thresholds, and reassessment schedules to match your internal policies.
Risks are assessed based on likelihood and consequence, with configurable scoring matrices. The system calculates risk scores and assigns red/amber/green (RAG) status based on thresholds set for each risk category. Both inherent (pre-mitigation) and residual (post-mitigation) assessments are supported, with full assessment history tracked.
Yes, organizations can define their own risk categories, appetite statements, scoring thresholds, and assessment frequencies. This ensures alignment with internal risk frameworks and reporting requirements.
Risk Controls
Risk controls are measures (policies, processes, safeguards, etc.) that mitigate risks, categorized as preventive, directive, detective, or corrective. In Power Framework RISK, you build a centralized control library, assign ownership, link controls to risks, group controls by category for reporting, and conduct regular audits and effectiveness reviews to reduce exposure and track trends.
Risk controls are measures and procedures—such as policies, standards, processes, or technical safeguards—implemented to manage and mitigate risks within an organization.
The application allows organizations to build up a library of risk controls, to categorize them, assign ownership, audit, and link controls to risks.
Risks are linked to relevant controls, indicating which controls help mitigate specific risks. The effectiveness of these controls directly impacts the organization’s risk exposure.
There are four main types:
- Preventative (reduce the likelihood of risks occurring)
- Directive (provide guidance to ensure desired outcomes)
- Detective (identify when something has gone wrong)
- Corrective (help put things right after an incident)
Each control should have a designated owner responsible for its effectiveness and regular assessment, ensuring accountability and enabling audits.
Effective controls reduce risk exposure and help prevent incidents, while ineffective or overdue controls can increase vulnerability. Monitoring trends in risk and control assessments helps prioritize improvements.
Key Risk Indicators (KRIs)
KRIs are measurable values that provide early warning signals of increased risk exposure within an organization.
Financial KRIs: Operating margins, revenue growth, accounts receivable, IMF economic growth projections.
- Health and Safety KRIs: Accident and incident counts.
- Operational KRIs: ERP system uptime, percentage of overdue projects.
- Reputation KRIs: Net Promoter Score, findings from external audits, social media sentiment score.
- HR KRIs: Employee turnover rate, customer churn rate.
- IT KRIs: Number of security incidents, IT incident counts.
- External KRIs: Weather data (e.g., average rainfall for agricultural risk).
KRIs are tracked continuously to monitor trends and status, helping risk owners assess whether risk conditions are improving or worsening.
KRIs can be grouped by category, such as financial, health and safety, operational service quality, and reputation.
KRIs are monitored regularly, with target values and tolerance thresholds set to indicate acceptable, warning, or critical conditions. Trends and historical data are reviewed to inform risk assessments.
Each KRI should have a clear owner responsible for tracking and updating its status.
KRIs are linked to specific risks, providing context and supporting data-driven risk assessments.
Task Management
The platform organizes mitigation and assessment tasks into dedicated containers for clear tracking and accountability, allowing users to create, assign, set due dates/urgency, receive notifications, and use AI-generated suggestions tailored to each risk (editable or accept-as-is). Automated reminders handle recurring reassessments, with an optional connector to Microsoft Planner Premium for integrating risk tasks into team plans.
Users can create, assign, and monitor mitigation tasks directly within the application. Tasks can be assigned to individuals or teams, with due dates, notifications, and status tracking. The system supports both manual and AI-generated mitigation plans and tasks.
Yes, the application allows users to generate mitigation tasks with AI assistance – , the AI Assistant can suggest relevant tasks based on the risk context. Users can edit or accept these suggestions.
Yes, tasks can be assigned to any user within the Microsoft 365 tenant, with role-based access and notifications to ensure accountability.
Users can set due dates and urgency for each task, and modify or add tasks as needed.
The system supports assessment tasks with automated reminders and tracking for risk reassessment frequency.
Yes, the system has an optional connector to Planner Premium, allowing tasks to be pushed to designated Planner plans. With this, Risk related tasks show in Planner alongside any other tasks assigned to individual team members.
AI-Powered Features
Power Framework RISK’S AI assistant provides contextual guidance for risk assessments, suggests tailored mitigation strategies, and auto-generates editable tasks. These are all triggered by simple buttons with full user review, edit, or overwrite capabilities. Guidance is fully customizable to match your organization’s specific context, priorities, and requirements.
The AI assistant provides contextual guidance for risk assessment, suggests mitigation strategies, and generates actionable tasks based on the risk’s details. Users can trigger AI suggestions with simple buttons, and all AI-generated content can be reviewed and edited before acceptance.
Yes, users can modify, accept, or overwrite AI-generated guidance and tasks to ensure relevance and accuracy for their specific context.
Collaboration & User Experience
Power Framework RISK integrates seamlessly with Microsoft Teams to access risk registers, reports, and tasks directly in channels, and with SharePoint for document collaboration. Users can personalize views, save layouts, and apply filters, while security roles restrict visibility to only relevant risks based on business unit or responsibilities.
Power Framework RISK integrates with Microsoft Teams, allowing users to access risk registers, reports, and tasks within Teams channels. This promotes adoption and embeds risk management into daily workflows. Users can also collaborate on documents via SharePoint.
Users can personalize views, save preferred layouts, and filter data according to their needs. Security roles and permissions ensure users see only the risks relevant to their business unit or responsibilities.
Reporting & Analytics
Power Framework RISK provides comprehensive Power BI dashboards and interactive reports, including risk heatmaps, relationship analysis (vendors, projects, processes), trend tracking, audit history, and drill-down to individual risks. It captures regular data snapshots for easy historical trend analysis and visualization of changes in risk exposure over time.
Yes, the system snapshots risk data at regular intervals, enabling historical trend analysis and visualization of changes in risk exposure over time.
Security & Compliance
Power Framework securely stores your data in your Microsoft 365 tenant with enterprise-grade security, configurable role-based access controls, and key compliance certifications including ISO 27001, ISO 9001, Cyber Essentials, and G-Cloud.
Our solutions also provide full support for U.S. defense and public sector requirements such as Microsoft 365 GCC High, DoD IL4/IL5, NIST SP 800-53, ITAR, and CUI.
Visit our Security page to learn more.
All data is stored within your organization’s Microsoft 365 environment, leveraging existing security, compliance, and authentication mechanisms. User access is managed through Microsoft 365 accounts, with configurable roles and permissions.
Yes, security roles can be defined to restrict access to risks by business unit, department, or other criteria, ensuring users only see and manage relevant risks.
Power Framework holds key certifications that demonstrate our commitment to quality, information security, and cybersecurity best practices — making us a trusted partner for public sector and regulated organizations.
We are an approved G-Cloud Supplier on the UK Government’s G-Cloud framework, enabling fast, compliant procurement of our PPM, RISK, and Planner solutions.
We are certified to:
- ISO/IEC 27001 — Information Security Management
- ISO 9001 — Quality Management
- Cyber Essentials — confirming robust protection against common cyber threats
Additionally, for US Customers in the defense and public sector, our solutions are compliant with Microsoft 365 GCC High and DoD environments, which meet:
- NIST SP 800-53 controls at FIPS 199 High Categorization
- DoD Cloud Computing Security Requirements Guide (SRG) Impact Level 4 (IL4) equivalency (GCC High) and IL5 (DoD environment)
- Requirements for DFARS, ITAR, and CUI protection
Combined with our unique model—your data stays securely in your own Microsoft cloud tenant. This provides enterprise-grade assurance while keeping things straightforward and collaborative.
Ready to turn risk into your greatest
strategic advantage?
Power Framework RISK puts market-leading risk registers, AI-powered assessments, real-time KRIs, automated controls, and intelligent dashboards in one unified platform — so you can move from reactive firefighting to proactive leadership.