Risk Assessment
juskickz1
IFSM432RiskAssessmentExerciseSpreadsheet.xlsSheet1
| RISK ASSESSMENT FORM | ||||||||||||
| Project Name | ||||||||||||
| Prepared By | ||||||||||||
| Date | ||||||||||||
| Business Area | Business processes associated with area (identify four or more processes associated with the business area) | Risks Identified | Description | Probability of Occurrence | Justification for probability of Occurance - Why did you select this? | Impact Intensity | Justification for Impact Intensity - why did you classify as you did (high, medium or low?) | Existing Measures | Mitigation Strategy | Justification for selecting your mitigation strategy. Why? | Additional Measures | Contingency Plan |
List all the risks identified in relation to the particular activity
Very Likely: 91-100%
Likely to occur: 61-90%
May occur about half of the time: 41-60%
Unlikely: 11-40%
Very unlikely to occur: 0-10%
High (Catastrophic)
Medium (Critical)
Low (Marginal)
Avoidance
Transference
Limitation
Acceptance
