October 23, 2024

PTC Codebeamer Risk Management

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Risk Management in PTC Codebeamer

PTC Codebeamer Risk Management is essential for identifying, analyzing, mitigating, and reducing risks during critical processes in developing safety-critical and complex embedded systems. It supports compliance with key standards, such as ISO 14971, by ensuring that risks are managed systematically throughout product development, helping teams maintain safety and regulatory alignment.

Risk Management Lifecycle

Plan your Risk Management Lifecycle with Codebeamer X’s Business Process Management (BPM) using a standardized workflow to identify, plan, and mitigate risks. Leverage standard attributes such as hazard, triggering events, harm, likelihood, severity, risk levels, and mitigation efforts. After mitigation, review updated factors like likelihood, severity, and risk to ensure proper risk reduction and compliance throughout the development process. This structured approach ensures risks are managed systematically and effectively across your projects.

Risk Matrix Diagram

The Risk Matrix Diagram visualizes the number of requirement items linked to associated risks. The Risk Tracker automatically calculates the risk value using a preconfigured field that multiplies likelihood and severity. The diagram displays risks in a matrix format, with Likelihood on the Y-axis and Severity on the X-axis. It can be customized, including reversing the axes, providing flexibility in visualizing and managing risks efficiently.

ptc codebeamer
ptc codebeamer

PTC Codebeamer: Risk Matrix Diagrams from PTC

PTC Codebeamer Configuration Inheritance

To configure the matrix in Codebeamer, use custom fields in the Risk Tracker or the Risk Management tab within the tracker customization page. New risk Trackers automatically include:

  • Likelihood intervals: Set using custom choice fields.
  • Severity intervals: Also configured through custom choice fields.

You can assign these intervals as background colors in the matrix, which is managed under the Risk Management tab on the tracker customization page.

PTC Codebeamer Summary

With Codebeamer, your team actively controls risks instead of just managing them. From tracking to mitigation, Codebeamer keeps projects on track while ensuring compliance. Think of it as wearing a perfectly fitting helmet—reliable and ready when you need it most.

If you’re interested, visit our Codebeamer page for more information. If you need assistance with our products, feel free to contact us, and one of our specialists will be happy to help.

TriStar PLM Solutions welcomes questions. Feel free to CONTACT US if you can’t find what you’re looking for, or call us at 800-800-1714