New Risk
Record the risk, assign an owner, and capture key details so it can be tracked and managed.
Risk Identification
RISK-00123
This ID is automatically generated upon saving.
Categorize the risk type to enable reporting and analysis.
Tip: Write risks in an “If… then…” format to make them clear. Example: If supplier does not agree to terms, then costs will increase by 10%.
Risk Assessment
Select the probability of the risk occurring.
Select the severity of the consequence if the risk occurs.
9
Calculated as Likelihood x Impact.
Risk rating based on Risk Score.
Risk Management
The person responsible for implementing the response plan, who may be different from the Risk Owner.
The specific signal or event that indicates the risk is occurring and the response plan should be activated.
Status & Notes
Last Update: 2025-08-19 12:01 PM by Jane Doe