Product · Risk & Incident Management
Manage risks before they happen — and handle incidents when they do
Projects in regulated environments require more than identifying risks — they require structured assessment, mitigation, traceability, and follow-up. Qrendo req:ai provides a complete risk and incident management module integrated with your requirements. Risks, mitigation actions, incidents, and reviews are all connected — ensuring that both potential and actual issues are tracked, analysed, and handled in a controlled and auditable way.
Audience: Risk owners, system safety engineers, quality teams, project managers, and organisations working with structured risk and incident processes.
Core concept
Risks identify what might go wrong.
Incidents capture what actually happened.
Both are linked to requirements, mitigation actions, and decisions.
Everything is traceable, versioned, and documented.
Risk and incident capabilities
Risks
Identify, assess, and mitigate potential issues. • Describe and categorise risks • Assess probability and impact • Calculate risk level and track residual risk • Define mitigation and contingency plans • Assign owners and due dates • Link risks to stakeholder and system requirements • Track changes, comments, and history
Incidents
Capture and resolve real events. • Record incidents with severity and type • Track investigation status and progress • Document root cause, resolution, and lessons learned • Link incidents to related risks • Manage actions and follow-up
From risk to incident
Close the loop between planning and reality. Risk → Materialised → Incident → Investigation → Resolution
Requirement traceability
Risks linked to what they affect. • Understand which requirements are impacted by a risk • See how requirements mitigate or drive risks • Detect when requirements change and re-evaluation is needed
Risk reviews and governance
Structured review of risk decisions. • Assign reviewers (users or groups) • Capture decisions per risk • Record comments and notes • Finalize only when all risks are decided
Mitigation actions and follow-up
From analysis to execution. • Assign actions to specific users • Set due dates and status • Track effectiveness • Verify and document outcomes
Coverage, tracking, and insight
Always know your risk status. • Risk levels and priorities • Overdue mitigation actions • Stale links to requirements • Risk evolution over time • Status across the risk lifecycle
AI-assisted risk management
Identify and improve risks faster. • Suggest risks based on requirements • Propose risk descriptions and assessments • Recommend mitigation strategies • Highlight gaps or inconsistencies Users review and refine all suggestions.
Traceability, history, and audit
Every decision is documented. • Full changelog for risks and incidents • Recorded assessments and updates over time • Comments, attachments, and evidence • Links between risks, incidents, requirements, and actions
Export and reporting
Share risk and incident data externally. • Audits and regulatory reporting • Customer and supplier communication • Internal reviews and documentation
Proactive risk management
Identify, assess, and mitigate risks before they become issues.
Structured incident handling
Capture, investigate, and resolve real events in a controlled way.
Full traceability across the lifecycle
From requirements to risks to incidents and back.
Strong support for regulated environments
Audit-ready history, structured workflows, and documented decisions.