The invention relates to a method for managing risk of an enterprise. The method steps include generating, using risk survey responses, risk panels for first level risk survey items; presenting the risk panels for each of the first level risk survey items; receiving a selection of a first risk panel of the risk panels for a first level risk survey item; presenting, based on the selection, a second risk panel of the risk panels for second level risk survey items; receiving, using the second risk panel, additional risk survey responses for one of the second level risk survey items; updating, based on the additional risk survey responses and using a computer processor, the risk panels for the first level risk survey item to generate revised risk panels; and presenting the revised risk panels for the first level risk survey items.