RISK REGISTER
Project name: Project manager:
[Text in red and enclosed in [ ] is explanatory and should be deleted]
Date Risk Progress on
ID raised description Likelihood Impact Severity Owner Mitigating action Contingent action actions Status
[1 [12/12/201 [There is a [High/ [High/ [High/ [Person [Actions that can be [What will be done [Action taken [Open,
] 5] risk that.... If Medium/ Medium/ Medium/Low. managing taken to reduce the if this risk does and date. E.g. Waitin
this Low] Low] See Severity the risk] likelihood of the risk occur? Usually Update g,
happens.....] Table] occurring. May also be actions to reduce 13/12/2019 Closed
acceptance of the risk or the impact on the mitigation ]
transference of the risk project] actions
e.g. insurance] implemented]
The 20 most
common
Project Risks
The top 50
Business
Risks
Checklist of
30
Construction
Risks
[Notes: Every organisation has a different approach to the risk log. This example includes all the information that needs to be captured and has been used on numerous
real-world projects. Feel free to tweak this to fit your project.]
[Columns you might want to add:
Proximity This indicates when the risk may occur and can be used to schedule risk mitigation activities.
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Raised by Who identified the risk.
Closed date The date the risk was closed.
Last update The date that the risk entry was last updated. Useful for ensuring that mitigating actions are put in place.
Action by I have often seen this field used to differentiate between the person accountable for managing this risk and the person actually carrying out any mitigating
actions.]
SEVERITY TABLE AKA RISK MATRIX
Likelihood
1 2 3
Low Low Medium
1
Impact
Low Medium High
2
Medium High High
3
Alternatives
4 by 4 Risk Matrix
5 by 5 risk matrix - aviation example
http://www.stakeholdermap.com/ © T Morphy. stakeholdermap.com. 2009 - 2099
DOWNLOAD MORE PROJECT TEMPLATES
Microsoft Project Plans – real world project plans in Microsoft Project.
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Flowcharts to download in Visio and PDF
Risk Register in Excel – download immediately
Work Breakdown Structure Excel template
Work Breakdown Structure (WBS) FREE examples to download immediately.
http://www.stakeholdermap.com/ © T Morphy. stakeholdermap.com. 2009 - 2099
