---
title: Add risks for a demand
description: Add a risk to a demand to identify, analyze, prioritize, plan, and track a risk during any phase of the demand life cycle. Assess potential problems and the severity of their impact to take informed decisions about the demand.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/it-business-management/demand-management/add-risks-for-demand.html
release: australia
product: Demand Management
classification: demand-management
topic_type: task
last_updated: "2026-03-12"
reading_time_minutes: 1
breadcrumb: [RIDAC \(Risk, Issue, Decision, Action, and Request Changes\) records, Use, Demand Management, Project Portfolio Management, Strategic Portfolio Management]
---

# Add risks for a demand

Add a risk to a demand to identify, analyze, prioritize, plan, and track a risk during any phase of the demand life cycle. Assess potential problems and the severity of their impact to take informed decisions about the demand.

## Before you begin

Role required: it\_demand\_manager

## About this task

A risk is any uncertain event that can potentially impact the success or outcome of a demand. For example, an incorrect estimate of factors like financial outlay or resource assignments can cause schedule slippage. Another example of a risk is a change in demand requirements. Recording risks ensures that decision makers have all relevant information when assessing a demand's progress. The demand risks are added to the parent program and portfolio.

## Procedure

1.  Navigate to **All** > **Demand** > **Demands** > **All**.

2.  Select the demand to which you want to add risks.

3.  From the Risks related list, select **New**.

4.  On the Risk form, fill in the fields.

    For a description of the field names, see [Risk form](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/demand-management/risk-form.md).

5.  Select **Submit**.


## What to do next

-   Convert an existing risk to an issue, decision, action, or request change and close the risk. For more information, see [Convert one RIDAC record to another for a demand](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/demand-management/convert-ridac-for-demand.md).
-   Associate the risk with existing issues so you can track dependencies and recognize trends for the future. For more information, see [Associate existing RIDAC records for a demand](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/demand-management/reassociate-ridac-demand.md).

-   **[Configure a custom Risk rank and Risk value](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/demand-management/risk-value-lookup.md)**  
Configure custom risk rank and value scores \(such as High-Medium, Medium-Low, or Absolute-Low\) to rate the impact and probability factors for a risk.

**Parent Topic:**[RIDACs records for a demand](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/demand-management/ridac-entries-for-demand.md)