Risk Register

Department Name:
Sign-off:
Sign-off Date:

Risk Register
Risk Identification

Risk ID# Date Risk Name

1 3-Apr-20 Production Loss

2 3-Apr-20 Flooding

3 3-Apr-20 Pandemic

10
10

11

12

13

14

15

16

17

18

19
Risk Identification
Inherent Risk

Risk Description (Threats and Opportunities) Risk Owner Likelihood

(1 to 5)

Poor maintenance of equipment and machinery

Product Manager 2
results in the loss of production capacity.

Flooding resulting in the plant shutting down. General Manager 3

Pandemic resulting in the interruption of supplies

Purchasing Manager 2
from international suppliers.
 Risk Analysis
Inherent Risk

Impact Risk Score Existing Controls

(1 to 5) (Likelihood x Impact)

5 10 None

5 15 None

5 10 Current inventory
 Planned Risk Response and Implem
Residual Risk

Likelihood Impact Risk Score Risk Response

(1 to 5) (1 to 5) (Likelihood x Impact)

2 5 10 Mitigate

3 5 15 Transfer

2 3 6 Transfer
Planned Risk Response and Implementation Monitor and Control

Response Activities Target Date Activity Status

Hire maintenance staff 30-Apr-20 Outstanding

Get spares 30-Apr-20 Outstanding
Train operators 7-Apr-20 Completed
Buy insurance 30-Apr-20 Completed

Develop alternate suppliers 30-Aug-20 Underway

Monitor and Control

Comment on Status

Interviews done
Budget under approval
Training done on 04April
Done

List developed
Likelihood Impact Risk Response
1 1 Avoid
2 2 Mitigate
3 3 Transfer
4 4 Accept
5 5 Exploit
Enhance
Share
Accept
Activity Status
Outstanding
Underway
Completed