Risk Response Plan Template

Your Organization
Name Here
Risk Register
Copyright 2006 CVR/IT Consulting LLC
Project Name:
Instructions:
Threat Priority Thresholds

High
Medium
1. Enter Impact and Probability Scores (or use default provided)

4.5
2. Enter Priority Cutoff scores for Threats
3. Enter Priority Cutoff scores for Opportunities

4. Enter risk impact and probability scores on the main worksheets. Color coding
indicates priority of Risks and Opportunities
Opportunity Priority Thresholds
Threats
High
Medium
Opportunities
= High Priority
= High Priority
= Medium Priority
= Medium Priority
= Low Priority
= Low Priority
Impact
Threats
Opportunities
0.9
2.7
4.5
6.3
8.1
8.1
6.3
4.5
2.7
0.9
0.7
2.1
3.5
4.9
6.3
6.3
4.9
3.5
2.1
0.7
0.5
1.5
2.5
3.5
4.5
4.5
3.5
2.5
1.5
0.5
0.3
0.9
1.5
2.1
2.7
2.7
2.1
1.5
0.9
0.3
0.1
0.3
0.5
0.7
0.9
0.9
0.7
0.5
0.3
0.1
0.1
0.3
0.5
0.7
0.9
0.9
0.7
0.5
0.3
0.1
Probability
Risk Register [Rev. 1.5 1/15/2009]
Page 1 of 18
Printed on: 04/25/2015
Risk Register
Your Organization
Name Here
Note: Be certain to fill out the Risk Management Plan before using this workbook. Available at www.cvr-it.com.
Page 2 of 18
Risk Register
Page 3 of 18
Your Organization
Name Here
Risk Register
Your Organization
Name Here

All Rights Reserved
Page 4 of 18
Your Organization
Name Here
Risk Register
Threat Register
Project Name: 0
Impact
Score
Probability
Risk
Score
Detectability
Critical
Very High
8.1
Low
Very High
6.3
High
071123b
Very
Serious
Serious
Very High
4.5
Low
071210a
Moderate
Very High
2.7
High
071211a
Minor
Very High
0.9
Low
071222a
Moderate
High
2.1
High
080105a
Moderate
Low
0.9
Low
080109a
High
4.9
High
Low
2.1
Low
080111a
Very
Serious
Very
Serious
Serious
Med
2.5
0
0
0
0
0
0
0
0
0
0
0
0
0
Med
Page 5 of 18
Risk ID
Example:
071111a
071123a
Risk Description
New technology presents IT with a steep

learning curve, could cause delay in
implementation
Sample data on this tab are displayed on
the ThreatChart tab
080109b
Impact
Area
Risk Cause
Schedule Staff do not have experinece in

this technology
Status
Assigned to
Active Joe Smith
Trigger Event
Staff does not obtain training;

early "prove feasibility" tasks
are not completed
Print Date: 04/25/2015
Your Organization
Name Here
Risk Register
Threat Register
Project Name: 0
Risk ID
Risk Description
Impact
Area
Risk Cause
Impact
Score
Probability
Risk
Score
Detectability
Status
Assigned to
Trigger Event
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Page 6 of 18
Your Organization
Name Here
Risk Register
Threat Register
Project Name: 0
Risk ID
Risk Description
Impact
Area
Risk Cause
Impact
Score
Probability
Risk
Score
Detectability
Status
Assigned to
Trigger Event
0
0
0
0
0
Page 7 of 18
Risk ID
Results of formal analysis
Example:
071111a
Your Organization
Name Here
Risk Register
Response Strategy
Contingency Reserve; Cost and

Schedule adjustments to Project
Plan
Advanced training planned for 3 staff to

occur on 12/2/03
Date of Plan
Approval
04-Mar-06
Comments; Fallback plans
Example text
071123a
071123b
071210a
071211a
071222a
080105a
080109a
080109b
080111a
0
0
0
0
0
0
0
0
0
0
0
0
0
Page 8 of 18
Risk ID
Your Organization
Name Here
Risk Register
Response Strategy

Plan
Date of Plan
Approval
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Page 9 of 18
Risk ID
Your Organization
Name Here
Risk Register
Response Strategy

Plan
Date of Plan
Approval
0
0
0
0
0
Page 10 of 18
Your Organization
Name Here
Risk Register
Opportunity Register
Project Name: 0
Opportunity
ID
Example:
021111a
Opportunity Description
New technology presents IT with a real

opportunity, could shave weeks off of
implementation
Impact
Area
Schedule
Opportunity Cause
Impact
Score
Probability
Opportunity DetectaStatus
Score
bility
Very
High
Med
4.5
High
Very
High
Very
High
High
Very Low
0.9
Med
Low
2.7
Low
Very High
6.3
High
High
4.9
High
Med
3.5
High
Low
2.1
High
Very Low
0.7
Assigned to
Trigger Event
Active Joe Smith
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Page 11 of 18
Your Organization
Name Here
Risk Register
Project Name: 0
Opportunity
ID
Impact
Area
Opportunity Cause
Impact
Score
Probability
Score
bility
Assigned to
Trigger Event
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Page 12 of 18
Your Organization
Name Here
Risk Register
Project Name: 0
Opportunity
ID
Impact
Area
Opportunity Cause
Impact
Score
Probability
Score
bility
Assigned to
Trigger Event
0
0
0
0
0
0
0
Page 13 of 18
Risk ID
Example:
021111a
Signs and Symptoms
Vendor announces
availability of the new
product
Your Organization
Name Here
Risk Register
Results of formal
analysis

Plan
Response Strategy
Expedite purchase of a sample of the

new technology
Date of Plan
Approval
04-Mar-06
Example text
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Page 14 of 18
Risk ID
Signs and Symptoms
Your Organization
Name Here
Risk Register
Results of formal
analysis
Response Strategy

Plan
Date of Plan
Approval
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Page 15 of 18
Risk ID
Signs and Symptoms
Your Organization
Name Here
Risk Register
Results of formal
analysis
Response Strategy

Plan
Date of Plan
Approval
0
0
0
0
0
0
0
Page 16 of 18
Risk Register
Risk Chart - Risk Score x Detectability

This chart displays one data point for each risk.
Low Risk Scores are on the left
High Risk Scores are on the right
Highly detectable risks are at the bottom
Poorly detectable risks are at the top
Pay specific attention to risks in the top right quadrant. These are high risks with low detectability.
To identify highest priority risks (i.e. high Risk Score and Low Detectability), do the following:
1. Select all rows below that have risk data (starting with row 19)
2. Sort on column C, Descending, then sort on Column B, Descending, as follows
Click on Data; Click on Sort; Click on No Header Row; Select Column C (Risk Score x Detectability)
Descending; Click on OK
Click on Data; Click on Sort; Click on No Header Row; Select Column B (Risk Score) Descending; Click on
OK
3. For each unique Risk Score, the highest Risk x Detectability values will be at the top
4. Data on this page are updated automatically as you revise or enter new data on the ThreatRegister tab
Risk Score
071111a
071123a
071123b
071210a
071211a
071222a
080105a
080109a
080109b
080111a
0
0
0
0
0
0
0
0
0
0
0
0
0
8.1
6.3
4.5
2.7
0.9
2.1
0.9
4.9
2.1
2.5
0
0
0
0
0
0
0
0
0
0
0
0
0
Risk Score
x
Detectability
40.5
6.3
22.5
2.7
4.5
2.1
4.5
4.9
10.5
7.5
0
0
0
0
0
0
0
0
0
0
0
0
0
Risk Detectability
45
40
35
Detectability Score
Risk ID
30
25
20
15
10
5
0
0
Risk Score
Template Source: www.cvr-it.com
Risk Register
Definitions
For a complete explanation of how to use this template, see the
companion document, Risk Management Plan.
Risk ID
YYMMDDx (e.g., 021112a = first risk, logged on Nov 12, 2002)
Impact Area
Cost, Schedule, Scope, Quality
Impact Score
(Threat)
1/3/5/7/9 where:
1 = Minor impact (could have minimal effect on project cost, schedule or
deliverables)
3 = Moderate impact (could have moderate effect on project cost, schedule or
deliverables)
5 = Serious impact (could significantly increase cost, delay the schedule or
degrade deliverables)
7 = Very Serious impact (could kill the project or seriously reduce project value)
9 = Critical impact (will kill the project)
Impact Score
(Opportunity)
1/3/5/7/9 where:
1 = very low impact (may have slight impact on cost reduction or shortening of
schedule)
3 = low impact (may have some impact in cost reduction or shortening of
schedule)
5 = med impact (could have substantial impact by reducing cost, shortening the
schedule or improving the quality of deliverables)
7 = high impact (could make this project a stunning success)
9 = very high impact (could have a positive impact at the business level by
enhancing Business Value)
Probability
0.1/0.3/0.5/0.7/0.9 where 0.1 is very low and 0.9 is very high
Risk Score
Impact x Probability
Detectability
An indication of how easy it will be to see this risk event coming before it actually
occurs.
1=high (can see the event well in advance)
3=medium (can see the event just before it happens)
5=low (can see the event as it happens or after it happens)
Priority
Determined by criteria set on Priority Chart tab
Status
Active (being worked), Observe, Closed

To add more rows, copy and insert formatted rows.
Note: Values for Probability and Impact Score are derived from the Risk
Management Plan
Template
Source
http://www.cvr-it.com
Template Source: www.cvr-it.com

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Your Organization

Copyright 2006 CVR/IT Consulting LLC

Threat Priority Thresholds

1. Enter Impact and Probability Scores (or use default provided)

2. Enter Priority Cutoff scores for Threats

3. Enter Priority Cutoff scores for Opportunities

Opportunity Priority Thresholds

Risk Register [Rev. 1.5 1/15/2009]

Printed on: 04/25/2015

Copyright 2006 CVR/IT Consulting LLC

Risk Register [Rev. 1.5 1/15/2009]

Printed on: 04/25/2015

Copyright 2006 CVR/IT Consulting LLC

Risk Register [Rev. 1.5 1/15/2009]

Printed on: 04/25/2015

Copyright 2006 CVR/IT Consulting LLC

Copyright 2009 CVR/IT Consulting LLC

Risk Register [Rev. 1.5 1/15/2009]

Printed on: 04/25/2015

Copyright 2006 CVR/IT Consulting LLC

Risk Register [Rev. 1.5 1/15/2009]

New technology presents IT with a steep

Schedule Staff do not have experinece in

Active Joe Smith

Staff does not obtain training;

Print Date: 04/25/2015

Copyright 2006 CVR/IT Consulting LLC

Risk Register [Rev. 1.5 1/15/2009]

Print Date: 04/25/2015

Copyright 2006 CVR/IT Consulting LLC

Risk Register [Rev. 1.5 1/15/2009]

Print Date: 04/25/2015

Results of formal analysis

Copyright 2006 CVR/IT Consulting LLC

Contingency Reserve; Cost and

Advanced training planned for 3 staff to

Comments; Fallback plans

Risk Register [Rev. 1.5 1/15/2009]

Print Date: 04/25/2015

Results of formal analysis

Copyright 2006 CVR/IT Consulting LLC

Contingency Reserve; Cost and

Comments; Fallback plans

Risk Register [Rev. 1.5 1/15/2009]

Print Date: 04/25/2015

Results of formal analysis

Copyright 2006 CVR/IT Consulting LLC

Contingency Reserve; Cost and

Comments; Fallback plans

Risk Register [Rev. 1.5 1/15/2009]

Print Date: 04/25/2015

Copyright 2006 CVR/IT Consulting LLC

New technology presents IT with a real

Active Joe Smith

Risk Register [Rev. 1.5 1/15/2009]

Print Date: 04/25/2015

Copyright 2006 CVR/IT Consulting LLC

Risk Register [Rev. 1.5 1/15/2009]

Print Date: 04/25/2015

Copyright 2006 CVR/IT Consulting LLC

Risk Register [Rev. 1.5 1/15/2009]

Print Date: 04/25/2015

Signs and Symptoms

Copyright 2006 CVR/IT Consulting LLC