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Risk Management with custom formulas and fields – Introducing Risk Assessment for Jira

Oliver Tamm
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February 9, 2026

Hi Atlassian Community! đź‘‹

Assess risk at the issue level - your way.

Risk Management: Risk Scoring, Reports & Custom Formulas lets you calculate, visualize, and report on risk directly within Jira issues using custom metrics and formulas.

How It Works

Build exactly the risk model your team needs in four steps:

1. Define Your Metrics. You aren't limited to just "Impact" and "Probability." You can create custom risk fields with your own weightings (e.g., Regulatory Compliance, Technical Debt, Vendor Reliability).

create_fields_and_options.png

2. Build Your Formula. You can construct simple or advanced mathematical formulas using built-in functions like sqrt, max, min, and round.

formula-configuration.png

3. Configure thresholdsConfigure what "High" or "Critical" means for your team
    .threshold-configuration.png

4. Visualize & Report. Open the Risk Assessment panel on any issue to see its calculated score and color-coded level (Low, Medium, High, Critical) updated in real-time.

issue-view.png

For a high-level view, the Risk Distribution Report visualizes risk across your entire project, helping you spot "Red" clusters instantly.

distribution_report.png

Key Features

  • 🎯 JQL Integration: Search for issues based on calculated risk (e.g., "Risk Level" = "High").

  • ⚡ Full Configuration Overrides: Customize everything - metrics, formulas, and thresholds - at the issue type, project, or global level. 
    Stories
     can use a simple setup, while Epics get a complex weighted model.

    The resolution hierarchy determines which configuration is used for an issue:       
    Issue Type Override → Project Override → Global Default

  • 📊 Project-Level Reports: See a breakdown of risk distribution across your backlog.

I’d love to hear your feedback! You can check out the full documentation: https://reinwok.com/documentation/risk-assessment.html

Let’s discuss! 🚀

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