provided by: Which category

Identify the risk.isThink

the source
in of
terms of root cause or
risk?
source rather
External - risksthan event
caused outside of the
or outcome.
organization
People - risks caused by people who
work
See column heading comments for instructions and definitions, use for the organization
drop-down options in fields where available.
Process - risks arising from the
execution of business processes
Business Area Risk Description Source of Risk
Relationships - risks caused by
connection to third parties
Systems - risks caused by disruption
in technology or information assets
ource of If the risk were
Describe
to the What is the current impact x likelihood
occur, whatoutcome
would be or effectiveness of controls Assessment score of risk
utside of the the impact? effect of the risk over this risk? not taking current
10 = Major occurring 10 = ineffective, ad hoc controls into
people who 1 = Insignificant 1 = extremely effective consideration
n fields where available. (ranges 1-100)
om the What is the
cesses frequency of
What could go wrong? Impact Likelihood
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used by
s 10 = highly likely
y disruption 1 = rarely, if ever
on assets
impact x likelihood (impact x likelihood
Are you xwilling
assurance)/10
to
Assessment score of risk accept
Assessment score withthe risk as
current effectiveness of
not taking current is, or is further
controls considered
controls into (ranges 1-100)mitigation activity
consideration needed?
(ranges 1-100)

Residual Risk Index Further Mitigation Needed?

0 Describe how risk will be
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mitigated/controlled

Action/Mitigation Plan
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Mitigation Activity Owner

provided by:

Inherent Heatmap
12

10

8
Impact

0
0 2 4 6 8 10

Likelihood
 How can we help you?
LogicManager's risk assessment template is de
you take the first steps in standardizing your p

Once you have created a risk register, LogicMa

risk management software and included adviso
help your business integrate risk, governance,
activities so you can make proactive decisions
you achieve your goals.

10 12
 ©LogicManager

sessment template is designed to help

s in standardizing your process.

d a risk register, LogicManager's leading

ware and included advisory service will
egrate risk, governance, and compliance
ake proactive decisions that will help
s.