PROJECT MANAGEMENT RISK ASSESSMENT TEMPLATE

PROJECT ID PROJECT NAME

PRE-MITIGATION
RISK RISK RISK
REF / ID ACTIVITY RISK
SEVERITY LIKELIHOOD LEVEL

ACCEPTABLE PROBABLE LOW

TOLERABLE POSSIBLE MEDIUM

UNDESIRABL
PROBABLE HIGH
E

INTOLERABL
PROBABLE EXTREME
E
 PROJECT MANAGER

POST-MITIGATION
RISK RISK RISK ACCEPTABLE
MITIGATIONS / WARNINGS / REMEDIES
SEVERITY LIKELIHOOD LEVEL TO PROCEED?

ACCEPTABLE IMPROBABLE LOW YES

ACCEPTABLE IMPROBABLE LOW YES

TOLERABLE POSSIBLE MEDIUM YES

UNDESIRABL
PROBABLE HIGH NO
E
RISK LOW MEDIUM HIGH EXTREME
RATING ACCEPTABLE ALARP GENERALLY INTOLERABLE
KEY (as low as reasonably
practicable)
UNACCEPTABLE

OK TO PROCEED TAKE SEEK SUPPORT PLACE

MITIGATION ON HOLD
EFFORTS

SEVERITY

ACCEPTABLE TOLERABLE UNDESIRABLE INTOLERABLE

LITTLE EFFECTS ARE FELT, SERIOUS IMPACT COULD RESULT

TO NO BUT NOT CRITICAL TO THE COURSE IN DISASTER
EFFECT TO OUTCOME OF ACTION
AND OUTCOME

IMPROBABLE

RISK IS UNLIKELY
LOW MEDIUM MEDIUM HIGH
TO OCCUR
LIKELIHOOD

POSSIBLE
LOW MEDIUM HIGH EXTREME
LIKELIHOO
RISK WILL
LOW MEDIUM HIGH EXTREME
LIKELY OCCUR

PROBABLE

RISK WILL OCCUR

MEDIUM HIGH HIGH EXTREME
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