Risk Register Template for IT & Project Management

Download Free Risk Register Template for IT & Project Management

1. BASIC RISK INFORMATION
Risk Number: Provide a unique identifier for risk

Risk Description / Risk Event Statement: A risk event statement states (i) what might happen in the future and (ii) its possible impact on the project. "Weather" is not a risk event statement. "Bad weather may delay the project" is a risk event statement.

Responsible: Name or title of team member responsible for risk

Date Reported
day-month-year: Enter the date the risk was first reported

Last Update
day-month-year: Enter the date the risk (not the entire log) was updated

2. RISK ASSESSMENT INFORMATION
Impact
(H/M/L): Enter here H (High); M (Medium); or L (Low) according to impact definitions

Impact Description: List the specific impact the risk could have on the project schedule, budget, scope, and quality. Other impacts can also be listed

Probability (
H/M/L): Enter here H (High)
M (Medium) or L (Low) according to probability definitions

Timeline (
N/M/F): Enter here N (Near-term); M (Medium-term); or F (Far-term) according to timeline definitions

Status of Response
(N/P/PE/EE): Enter here N (No Plan); P (Plan but not enacted); PE (Plan enacted but effectiveness not yet known); EE (Plan enacted and effective)

3. RISK RESPONSE INFORMATION
Completed Actions: List, by date, all actions taken to respond to the risk. This does not include assessing the risk

Planned Future Actions: List, by date, what will be done in the future to respond to the risk

Risk Status (
Open/Closed/Moved to Issue): State if the risk is open (still might happen and still has to be managed); closed (has passed or has been successfully mitigated); moved to issue (risk has happened)