Reference
1 Risk Author is the individual who has recorded the issue. 2 Risk Category , creates sub-bukets of Risks 3 The Risk Owner is the individual who has taken the responsibility for managing the risk. 4 The potential Impact (I) column is often populated by a score rating between 1-5 (1 – Low, 2 – Minor, 3 – 5 The Probability column is often populated by a score rating between 1-5 (1 – Highly Unlikely, 2 – Unlikely
nce
he risk. (1 – Low, 2 – Minor, 3 – Moderate, 4 – Major, 5 – Serious). ghly Unlikely, 2 – Unlikely, 3 – Possible, 4 – Likely, 5 – Highly Likely).
ID
Date
Last
Risk Author Risk Risk description Category
Risk Owner
Impact
Identified Updated
1 8/8/2008 10/8/2008 R. Log
Duration Resources insufficient
Dept. Head
3– Moderate
Probability (1-5)
4 – Likely
Risk Rating (Impact x Probabilit y)
16
Counter action plan details
New sources of resources found
Due Date
Status
9/14/09 Open
Impact Description
Comments
Open 1 – Low 2 – Minor 1 – Highly2 Unlikely – Unlikely
Closed
Deferred
3 – Moderate 4 – Major5 – Serious 3 – Possible 4 – Likely5 – Highly Likely
Revision History Date
Version
Description
Author