Risk Log Template

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