RISK REGISTER TEMPLATE

A risk register template typically includes the following elements:

1. *Risk ID*: A unique identifier for each risk listed in the register.

2. *Risk Description*: A clear and concise description of the risk, including its potential impact and
likelihood.

3. *Risk Category*: The category or type of risk (e.g., financial, operational, technical).

4. *Risk Owner*: The individual or team responsible for managing the risk.

5. *Risk Probability*: An assessment of the likelihood that the risk will occur, often rated on a scale
(e.g., low, medium, high).

6. *Risk Impact*: An assessment of the potential consequences or impact of the risk if it were to
occur, often rated on a scale (e.g., low, medium, high).

7. *Risk Response*: The planned response or strategy for managing the risk, including mitigation,
avoidance, transfer, or acceptance.

8. *Risk Status*: The current status or stage of the risk management process (e.g., identified,
assessed, mitigated).

9. *Risk Action Plan*: Specific actions or tasks to be undertaken to manage the risk, including
deadlines and responsible parties.

10. *Risk Mitigation Measures*: Any measures or controls implemented to reduce the likelihood or
impact of the risk.

11. *Risk Review Dates*: Dates for reviewing and updating the risk assessment and management
plan.

12. *Additional Notes*: Any additional information or details relevant to the risk.

You can customize this template based on the specific needs and requirements of your organization
or project. Additionally, there are various software tools available that offer pre-designed risk register
templates that you can use or customize to fit your needs.