Risk Register

Risk Register Template

How to use:

Main

• ID: add a task number or link from your tracking system;
• Name: give the risk its working title;
• Category: identify the type of risk from a premade selection or add your own;
• Description: briefly describe the risk;
• Probability, Impact, Level: rate the risk as low, medium, or high (for probability and impact). The Level column sums them up: if the labels are Low and High, the risk has Medium Level; High and Medium ones equal High Level;
• Risk Owner: mention a colleague in charge of finding a solution;
• Status: flag the risk as relevant (open) or not (closed);
• Date Raised: state the date the risk was brought up;
• Notes: explain the solution or attach any related files.

Make a task list for each emerging risk:

• Identify responsible parties;
• Determine priorities;
• Set deadlines.