Risk Assessment Templates

How to Use & Customize the Templates

The forms can be filled out on your computer or printed out (in landscape) and filled in by
hand. You can change the wording in the headers so that they better reflect issues or
processes in your workplace. Delete, add or modify the fields to suit your needs. For more
help using this template: https://i-sight.com/resources/risk-assessment-matrix.

Likelihood Severity Risk Rating

Unlikely (1) Insignificant (A) Low
Seldom (2) Marginal (B) Medium
Occasional (3) Moderate (C) High
Likely (4) Critical (D) Extreme
Definite (5) Catastrophic (E)
Templates

andscape) and filled in by

tter reflect issues or
uit your needs. For more
sment-matrix.
 RISK ASSESSMENT FORM
RISK LIKELIHOOD (1-5) CONSEQUENCE (A-E) RISK RATING
Theft of cash 4 B 4B
Kickbacks 2 D 2D
RM
ACTION
Install cameras
…
 RISK ASSESSMENT MATRIX
Unlikely Low risk. Low risk. Low risk. Low risk. Medium risk.
Further action
(1) No further action No further action No further action No further action optional

Seldom Low risk. Low risk. Medium risk. Medium risk. High risk.
Further action Further action Further action
(2) No further action No further action optional optional necessary

Medium risk. Medium risk. High risk.

Occasional Low risk.
Further action Further action Further action Extreme risk.
(3) No further action Act now
optional optional necessary
Likelihood

Medium risk. Medium risk. High risk.

Likely
Further action Further action Further action Extreme risk. Extreme risk.
(4) Act now Act now
optional optional necessary

Medium risk. High risk.

Definite
Further action Further action Extreme risk. Extreme risk. Extreme risk.
(5) optional necessary Act now Act now Act now

Insignificant Marginal Moderate Critical Catastrophic

(A) (B) (C) (D) (E)
Consequence