Navigate Here: Utilities > Custom Field Management > Risk Statuses
You can browse all the Risk Statuses on the Browse Risk Statuses page.
Click the Risk Status ID, Risk Status Name, or the Edit icon 
of one of the records and the system will open the Risk Status Management page for the selected item.
Click the Delete icon 
to delete a risk status. Click the Add icon 
and the system will go to the Add Risk Status page.