The Forwood One Risk Library allows organisations to manage risks and controls within a centralised operational framework.
The Risk Library is designed to provide clients with a strong starting point using Forwood’s supported risks and controls, while also allowing organisations to create and manage content aligned to their own operational requirements.
This guide explains how the Risk Library works within Forwood One, what content is provided by Forwood, and how your organisation can manage and govern risks and controls over time.
Understanding the Risk Library
The Risk Library is the central location where risks and controls are created, managed, and maintained within Forwood One.
The library allows organisations to use Forwood-provided content, customise content, or create entirely new risks and controls aligned to their operational requirements.
Standard Risk & Control Content Provided by Forwood
Forwood provides a library of critical risks and critical controls based on industry knowledge, operational experience, and best-practice risk management approaches.
This content is designed to provide organisations with a strong operational starting point and may include:
Supported critical risks
Supported critical controls
Industry-aligned operational content
Standard risk and control structures
Risk icons
Managed by Forwood
Standard risk and control content provided by Forwood is centrally managed by Forwood.
This includes:
New risks and controls
Updates to existing content
Where updates are made to standard content, they may become available to clients using the standard versions.
Reviewing and Selecting Risks & Controls
Clients can review the available risks and controls within the library and determine which content is relevant to their organisation.
This allows organisations to:
Select relevant critical risks and critical controls
Exclude content that is not operationally relevant
Align operational content to site specific requirements
Adjust the materiality (critical/not critical)
Creating Custom Risks & Controls
Clients are not limited to standard Forwood content.
Organisations can create and manage their own risks and controls directly within the Risk Library.
This allows organisations to:
Create organisation-specific risks and controls
Align content to operational processes
Manage their own custom frameworks
This helps organisations ensure the Risk Library reflects their operational model and risk profile.
Linking Controls to Risks
Forwood One supports linking critical controls directly to critical risks.
This allows organisations to:
Establish clear risk-to-control relationships
Improve operational visibility
Support assurance and verification activities
Improve reporting and governance outcomes
These relationships are used throughout the platform, including reporting, workflows, and checklist activities.
Adding Icons for Operational Visibility
Clients can configure icons and illustrations for risks and controls within the Risk Library.
Forwood provides a library of standard icons and illustrations, however clients can also upload and manage their own custom icons and illustrations to align with internal standards, branding, or operational requirements.
This help to improve:
Operational visibility
User recognition
Navigation within the platform
Visual identification of risks and controls
This allows organisations to create a more intuitive operational experience for users.
Training & Onboarding Support
Forwood provides onboarding support and training to help organisations understand how the Risk Library operates.
Training may include:
Reviewing standard risks and controls
Creating custom risks and controls
Managing risk icons and illustrations
Linking controls to risks
Best practice risk library configuration
Training can be delivered by Forwood’s dedicated team of Solution Experts to ensure your organisation is equipped to confidently manage risk and control content.
Setup Steps & Responsibilities
Risk Library Setup Performed by Forwood
Forwood may assist with:
Enabling standard risk and control content
Supporting onboarding workshops
Providing best practice guidance
Assisting with initial content setup
Client Responsibilities
Your organisation is responsible for:
Reviewing risk and control relevance
Approving operational content
Managing custom risks and controls
Maintaining organisation-specific content
Governing internal content changes
Need Help?
If you have questions or require additional assistance, contact your Forwood Customer Success Manager or the Forwood Support Team at help@forwoodsafety.com.