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Within the RAID log, the risk level is not automatically defined. The risk level is used to determine the Top-X risks (and issues), which brings focus and helps effective project management.
The Top-X is also something we would like to see back into the dashboard.
Thank you for submitting this idea! Based on Concourse’s strategy for RAID, this idea will be moved to a closed status. As an alternative, Concourse can integrate to Jira which has additional tagging features which may provide better visibility. Additional information on Concourse and Jira can be found here.