Probability-Impact Diagrams (PIDs) are a standard tool in risk reporting, traditionally using red, amber, and green to indicate threat levels. However, these colours often imply urgency based on perception rather than actual risk appetite. A high-risk (red) position may be acceptable, while a low-risk (green) position might require immediate action.

To separate risk position from urgency, Rolls-Royce plc has adopted a “purple” scheme, fostering more objective discussions among senior stakeholders. Given that risk opportunities are traditionally represented in blue, this shift may reduce emotional bias in decision-making.

This breakout session will explore the benefits and challenges of this approach, featuring "Wisdom of the Crowds". Attendees will gain insights into how colour influences risk perception, urgency and prioritisation.