---
title: Risk value lookup form
description: The risk value lookup form information is used to rate the impact and probability of a risk.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/it-business-management/portfolio-planning/risk-value-lookup-form-ppw.html
release: australia
product: Portfolio Planning
classification: portfolio-planning
topic_type: reference
last_updated: "2026-03-12"
reading_time_minutes: 1
breadcrumb: [Forms, Reference, Next Experience for Demand Management in Portfolio Planning, Portfolio Planning, Strategic Portfolio Management]
---

# Risk value lookup form

The risk value lookup form information is used to rate the impact and probability of a risk.

<table><thead><tr><th>

Field

</th><th>

Description

</th></tr></thead><tbody><tr><td>

Impact

</td><td>

Impact value of the risk.The available values are:

-   1 = High
-   2 = Medium
-   3 = Low

</td></tr><tr><td>

Application

</td><td>

The application to which these risk values belong.

</td></tr><tr><td>

Risk Rank Color

</td><td>

Color to indicate the severity of the risk. **Tip:** You can enter variations of a color to differentiate between risks with similar impact and probability values. For example, you could enter light green to indicate a low-severity risk.

</td></tr><tr><td>

Risk Value

</td><td>

The value for the specified risk impact and probability combination.The available values are High, Medium, and Low.

This value is displayed in the **Risk value** field of the Risk form.

</td></tr><tr><td>

Probability

</td><td>

Risk probability value associated with the impact value of the risk. The available options are Absolute, High, Moderate, and Low.The value in this field is multiplied by the value of the **Impact** field to generate the values for the **Risk rank** and corresponding **Risk value** fields in the Create New Risk form.

</td></tr><tr><td>

Probability Number

</td><td>

Numerical value to indicate the probability of the risk. This value is multiplied by the value of the **Impact** field to calculate the risk rank.The available values are:

-   1 = Absolute
-   1 = High
-   2 = Moderate
-   3 = Low

</td></tr></tbody>
</table>