$10.00 excluding tax

Risk Matrix Template

Digital Product

  • Operations

Goal:

  • Launch
  • Manage
  • Plan

Overview

A simple risk matrix that uses a consistent wording formula that simplifies how to articulate risks and visualizes them based on numbered circles against a Likelihood and Impact axis.

Sean Danchuk 1
From Sean D
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Description

A risk matrix is used during risk assessments to define the level of risk by considering the category of probability or likelihood (x-axis) against the category of consequence severity (y-axis). This is a simple mechanism to increase visibility of risks and assist management decision making. The entire team can quickly review risks, add/remove risks from the top 10-list, and visually plot them for quick recognition of their importance and need to help mitigate. This high-level slide boils down the top risks in a single image and makes it easier for managers to highlight their most concerning risks, and to even show movement of risks over time or between reporting periods.

 

INCLUDED: 1x Template Slide, 1x Example Slide

Additional information

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Sean D.