Risk Register
Risk Register: [PROJECT NAME]
Last Updated: YYYY-MM-DD Owner: Project Manager Review Frequency: Weekly (sprint planning)
Risk Matrix
| Low Impact | Medium Impact | High Impact | |
|---|---|---|---|
| High Prob | Medium | High | Critical |
| Medium Prob | Low | Medium | High |
| Low Prob | Low | Low | Medium |
Active Risks
| ID | Risk Description | Category | Probability | Impact | Score | Mitigation Strategy | Owner | Status | Date Identified |
|---|---|---|---|---|---|---|---|---|---|
| R-001 | Technical / Resource / Client / External | L/M/H | L/M/H | L/M/H/C | Open / Mitigating / Closed | ||||
| R-002 |
Risk Categories
- Technical — Technology limitations, integration issues, performance
- Resource — Availability, skill gaps, capacity
- Client — Decision delays, requirement changes, availability
- External — Third-party dependencies, regulatory, market
- Financial — Budget overrun, payment delays
- Timeline — Deadline pressure, estimation errors
Risk Response Strategies
- Avoid — Eliminate the threat by changing plan
- Mitigate — Reduce probability or impact
- Transfer — Shift to third party (insurance, outsource)
- Accept — Acknowledge and monitor (for low-impact risks)
Closed Risks
| ID | Risk | Resolution | Date Closed |
|---|---|---|---|
Review Log
| Date | Reviewer | Changes |
|---|---|---|