Risk Management

Risk Assessment Matrix

5 × 5 Likelihood · Impact Framework
Risk Parameters
Inherent Risk Assessment
Control Measures
Residual Risk (After Controls) ▼
Residual Risk
Risk Matrix Visualization
IMPACT / CONSEQUENCE →
LIKELIHOOD ↑
Negligible
(1)
Low
(2)
Moderate
(3)
High
(4)
Catastrophic
(5)
Highly
Likely (5)
5Low
10Moderate
15High
20High
25Major
Likely (4)
4Low
8Moderate
12High
16High
20Major
Possible (3)
3Negligible
6Low
9Moderate
12High
15High
Unlikely (2)
2Negligible
4Low
6Moderate
8Moderate
10High
Highly
Unlikely (1)
1Negligible
2Negligible
3Low
4Low
5Moderate
Negligible (1–3)
Low (4–6)
Moderate (8–10)
High (12–20)
Major (25)
Risk Response Guidelines
Risk Level Response Required Review Frequency
Negligible Accept and monitor. No immediate action required. Annual
Low Implement basic controls. Document and track. Quarterly
Moderate Develop and implement mitigation plans. Assign owner. Monthly
High Immediate action required. Escalate to management. Weekly
Major Stop activity if possible. Emergency controls. Escalate to leadership. Daily
Risk Register
No risks assessed yet. Add risks using the form above.