Risk Register template
The structure of the risk register - field and assessment matrix.
The Risk Register is a table with the following columns: Risk ID (R001, R002.), Description, Active/Process (which is under threat), Threat (which causes risk), Injury (which permits realisation), Consequences (operational, financial, reputation, legal), Potential (1-5), Impact (1-5), Risk Level (Opportunity × Impact = 1-25), Processing Strategy, Added Controls, Residual Risk, Responsible, Review Date. Matrix: low (1-6), medium (7-12), high (13-19), critical (20-25). Critical and high risks must be discussed by management at least quarterly.