We are looking to best manage downgrades including through reporting.  Would appreciate any insight into how you manage risk downgrades as well.

We currently:

1. Enter the date for the high-risk to medium-risk downgrade into the “Client Commitment Date” field.
2. When the high-risk issue is ready to be downgraded
1. Enter the date of the downgrade into the “High Risk Downgrade Date” field
2. Select ‘yes’ from the “High Risk Downgrade” field
3. Update the “Risk Level” from ‘high’ to ‘medium’
3. We then enter the new closure commitment date for the now medium-risk issue in the “Client Commitment Date”

An alternate option we've been considering:

1. Enter the planned date of the high-risk to medium-risk downgrade into the “High Risk Downgrade Date” field
2. At the same time, enter the planned closure date for the after-downgrade medium-risk commitment into the “Client Commitment Date” field
3. When the high-risk issue is ready to be downgraded
1. Enter a new “High Risk Downgrade Date” if different from planned downgrade
2. Select ‘yes’ from the “High Risk Downgrade” field
3. Update the “Risk Level from ‘high’ to ‘medium’