Risk assessment
Which risks deserve attention this quarter, and who owns them?
What you need
- The risks you already worry about
- A rough cost for each
About 10 minutes · saved in this browser only
Step 1 of 3
Saved in this browser as you type
The risks
What could go wrong, how likely it is, and what it would cost.
Name what could actually go wrong, then score how likely it is and how hard it would hit. Potential cost is the direct loss plus what it would take to put right.
How likely
Possible
How hard it hits
Serious
Mediumscore 9 of 25 · Possible × Serious
How likely
Possible
How hard it hits
Serious
Mediumscore 9 of 25 · Possible × Serious
How likely
Possible
How hard it hits
Serious
Mediumscore 9 of 25 · Possible × Serious
Owners and actions
Who is accountable for each one, and what is being done about it.
A risk without a name against it is not managed, it is noted. One person per risk, and the action that actually lowers the likelihood or the impact.
Name a risk on the previous step first.
Result
Nothing to read yet
Name the risks and score them. The register, the 5 × 5 grid, and your weighted exposure appear here.