Risk Register

Project name

Date updated

Pre-Treatment Post-treatment

Date Threat / Likelyhood Consequence Risk rating Treatment plan summary Probability Impact Risk rating
Risk ID Risk Title Description / Cause / Consequence Risk Owner Status Raised Opportunity Established Control(s) Residual controls Modelling notes
Example 1 Poor ground condition Testing indicates the current identified site Open Likely Major Extreme Threat Reduce - Early works package to excavate Unlikely Medium Moderate Transfer - Once site remediation complete, Best case = $0.5M and 4 weeks delay,
has liquefiable and reactive soils. majority site and fill with cement stabilised Threat include in main works contract the Worst Case = $1.25M and 8 weeks delay.
earth. Further detail provided in treatment requirement for the contractor to accept Use normal distribution to model
plan #001 the site condition

1
T/O Consequence Likelihood Risk Rating Risk Status
Threat Very Low Rare Low Threat Open
Opportunity Minor Unlikely Moderate Threat Closed
Medium Possible High Threat
Major Likely Extreme Threat
Substantial Almost Certain Low Opportunity
Moderate Opportunity
High Opportunity
Substantial Opportunity
Risk / Value
Risk
Value