Process risk control matrix

For a full description of this kind of risk-control matrix refer to the web page "Matrix
Mapping: the easiest and best way to map internal controls" at
www.internalcontrolsdesign.co.uk/matrices.
In this template there are three distinct groups of controls: those already in place,
those agreed but not yet operating (i.e. in development), and those proposed but not
yet agreed on.
After each set of controls there are revised summaries of the level of control
provided.
Several columns are provided for capturing information about controls and you use,
ignore, or add to them as you wish.
The set of control objectives can also be changed, and you can even add extra ones
if you like.
Another refinement you could add is to insert an assessment of the inherent risk
involved with each step and each control objective. Then add more summary
formulae to study how the risk levels stack up to the control levels.
Sort Control group Control Control ID Ref to detail
CONTROLS CURRENTLY IN PLACE
1 Monitoring Business monitoring report: debtors m1
2 Monitoring Process monitoring report: process stats m2
etc etc etc
Summary scores C
A
V
U
CONTROLS IN DEVELOPMENT
1 Monitoring Business monitoring report: debtors m1
2 Monitoring Process monitoring report: process stats m2
etc etc etc
Summary scores C
A
V
U
CONTROLS PROPOSED
1 Monitoring Business monitoring report: debtors m1
2 Monitoring Process monitoring report: process stats m2
etc etc etc
Summary scores C
A
V
U
xxxx
Owner -
operational
Owner -
development Frequency Sampling
To do
date
Performance
evidence
Perform-
ance
rating
Operation cost
Development
cost C A V U Step A Step B Step C Step D Step E
1 0 1 1 1 1 1
1 1 0 1 1 1 1
Summary scores 1 C 0 0 0 0 0
2 A 0 0 0 0 0
3 V 0 0 0 0 0
4 U 0 0 0 0 0
1 1 1 1 1 1
1 1 1 1 1 1 1
Summary scores C 0 0 0 0 0
A 0 0 0 0 0
V 0 0 0 0 0
U 0 0 0 0 0
1 1 1 1 1 1
1 1 1 1 1 1 1
Summary scores C 0 0 0 0 0
A 0 0 0 0 0
V 0 0 0 0 0
U 0 0 0 0 0
Objectives Process steps
Step F Step G
1
1
0 0
0 0
0 0
0 0
1
1
0 0
0 0
0 0
0 0
1
1
0 0
0 0
0 0
0 0
Process steps