Guide

Risk register

Risks are things that may go wrong and would hurt an objective, a requirement or delivery. Each is scored by probability × impact and has a response; accepting a risk needs a recorded decision.

For: Project lead, Product owner

Scoring

Probability and impact are rated 1–5. Their product is the score: 1–4 Low, 5–9 Medium, 10–14 High, 15–25 Critical. The matrix shows where the open risks sit; click a cell to list them. Residual scores record what remains after mitigation.

States and rules

StateRule
IdentifiedRaised; may be unscored.
AssessedNeeds probability and impact. High and critical risks also need an owner and a response.
MitigatingNeeds a mitigation plan or linked mitigating work.
AcceptedNeeds the Accept response and an Accepted decision linked with “is accepted by”.
OccurredIt happened; handle it as an issue (often a defect or task).
ClosedNo longer relevant.

Set a next review date; overdue reviews are flagged in the register and on the Overview.