Appendix C - Risk Template
Risk Register
Risk Scores
Likelihood is scored on a scale of 1 to 5 with 5 being high. (See a description of likelihood scores).
Impact is scored on a scale of 1 to 5 with 5 being high. (See a description of impact scores).
To calculate the total score, multiply the likelihood score by the impact score and arrive at a total score. This is done twice, firstly to calculate an inherent risk score and secondly a residual risk score, after risk mitigations are applied.
A risk scoring above 15 is red, those between 6 to 14 are amber and those between 1 to 5 are green.
| No | Risk description | Impact | Inherent risk score | Measures to mitigate risk | Residual risk score | Risk owner |
Escalated to Corporate Risk Register Y/N |
|---|---|---|---|---|---|---|---|
|
Likelihood score X Impact score = Total score |
Likelihood score X Impact score = Total score |