Escalation Levels

The escalation level of a risk/issue indicates how far up in the management structure of the organsiation it should be flagged.  This may be independent of a risk/issue's rating as it is possible to have a low rated risk/issue which needs to be visible to higher management or a high rated risk/issue which can easily be managed at a lower level.  For example, a risk/issue might have a low rating of 5 because it has a low likelihood of 1 but still has a very high financial impact of 5.