Risk assessment tools save project managers time and resources by clarifying potential risks before the team gets to work.
Research shows more than 60% of projects are often beyond budget, late, or fail to deliver according to specifications. By using effective risk assessment strategies, you are more prepared to prioritize threats and interruptions to your project. And as a result, the overall success rate of the project will improve.
We’ve put together a list of 13 free risk assessment templates and use case examples to fit your project or program requirements. Whether you need to address the safety hazards of potential equipment or share a risk rating document with teams and stakeholders—we got you covered!
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Summarize this article for me pleaseThis type of assessment template breaks risks down into varying stages, often using spaced tables for you to document identified threats and which parties are at risk. Risk templates also include a tool for assessing the likelihood and severity of risks.
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With features that enable you to draw, write, and add sticky notes, this risk management whiteboard template is perfect for evaluating your project’s risks.
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Sometimes, a visual approach to your risk management plan is more effective for project teams. If that resonates with you, the ClickUp Risk Analysis Whiteboard Template is perfect!
Collaborate in real-time as you identify potential pitfalls, such as resource constraints, in your upcoming project and brainstorm solutions. Effortlessly link tasks, documents, images, and other files from this template, providing your team with the context needed to swiftly transition from idea to execution.
With this template, you can:
This risk management template equips project managers with the tools to understand the risk category, track risk status, and document the actual risk descriptions.
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A technical and effective way to understand what to prioritize in your business model and new idea list is by understanding the worth of these features and the degree of risk linked to the implementation.
ClickUp’s Value Risk Matrix Template helps you go through the risk matrix for each possible risk that may occur. It’s a great way to practice proactive risk management. And since it’s a simple template, you can easily walk through the process and fill the value risk matrix quickly.
Here’s how you can use this risk assessment template:
An assumption grid helps you identify various assumptions from your business model. The grid plots these assumptions on two separate axes:
Visualizing these assumptions helps you mitigate risks, make judgment calls, and overcome uncertainties. The ClickUp Assumption Grid Template is similarly a type of decision-making tool.
You can easily determine what the big boxes represent by checking the Legend. Each box has a corresponding color with added meaning.
One of the most crucial parts of managing risks is to operate strategically to address any potential issues that may happen when managing a specific project.
With this template, you can document risks and response actions to manage each risk. It also helps you track potential risks and implement preventative measures before the risks happen. The ClickUp Risk Register Template is essential to successfully manage risks identified and logged on the register with actions to be taken to respond to the risk.
Responses should be regularly reviewed to monitor the progress. This risk assessment template offers several benefits, including:
ClickUp’s Pi Planning Template helps you get a perfect overview of your PI Planning process with step-by-step frames that guide you through the entire risk assessment process.
The template gives you a clear picture of your team members’ backlog, including capacity, workload, and risks. Note that the number of sticky notes containing identified risks may shrink or grow as your team decides on mitigation approaches during the planning process.
The PI Planning Template is divided into four main boards to organize your PI Planning event:
A job safety analysis should be conducted in workplaces to identify potential hazards that could cause major or serious injury such as hazard exposure, hazardous substances, and procedure changes.
The ClickUp Job Safety Analysis Template organizes key information all employees can access in a single view, including:
This is a basic risk assessment template in Excel designed to help you take the initial steps to standardize your processes. You can easily determine the data that should be collected from your business areas, outline suggested response selections, and define key terms.
Regardless of the risk events, configuration and assessment parameters, the risk assessment template in Excel can help you manage risks before they occur.
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Accurate finance and accounting risk assessments are essential and can make or break your personal or business finances. This professionally built basic risk assessment form template gives you valuable insights into your accounting risk level.
It also helps you provide all the necessary details about your business product requirements. In addition, accurate costing of purchased products is crucial to ensure your business does not suffer unnecessary losses.
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The free risk matrix template from Excel takes any potential threat and determines the impact and extent it could have on a particular project. This template helps you create a risk management process to highlight and correct issues before they become serious problems.
It also serves as a communication tool to let the team members know the risks that might arise during a project. This allows everyone to alert others if an issue becomes known and where it falls on the prioritization scale.
Download This TemplateBonus: RAID templates for risk management!
The number of risks to an IT landscape is enormous, including software or hardware failure, viruses, malware, scams, pace, and phishing.
Human errors, as well as malignant threats from fraud, hackers, security breaches, and denial-of-service attacks also exist. Natural disasters like fire and floods also damage an IT system carrying valuable data.
With the Excel IT Risk Assessment template from ProjectManager, you can take into account the following:
Identifying risks is just a single step of the risk assessment process. The subsequent steps include other activities such as risk strategy, monitoring, and funding.
The Excel Management template helps you determine the likelihood of risk occurrence and the potential impact through risk analysis. It also helps understand the project’s performance and quality. As a result, you can easily implement adequate response and risk mitigation.
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The Excel Health and Safety Hazards Template by Template.net is an essential tool for organizations committed to maintaining a safe and compliant workplace. Designed to facilitate the identification, assessment, and management of health and safety risks, this template provides a structured approach to hazard documentation and control measures.
With a user-friendly interface, the template allows for easy input and tracking of potential hazards across various work environments. Key features include sections for hazard description, risk assessment, control measures, and responsible personnel. The template also supports prioritization of risks, ensuring that high-risk hazards are addressed promptly to mitigate potential accidents and injuries.
This comprehensive tool is ideal for safety officers, managers, and compliance teams, providing them with a reliable method to document hazards systematically. By utilizing this template, organizations can ensure they meet regulatory requirements and maintain a proactive stance towards health and safety.
The Excel format ensures compatibility and ease of use, allowing for customization to fit specific organizational needs. With the Excel Health and Safety Hazards Template, Template.net empowers businesses to create a safer work environment, enhance employee well-being, and foster a culture of safety awareness.
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Summarize this article for me pleaseA good risk assessment template is easy to update, creates consistency for future work, and simplifies the creation process. If your company has specific criteria for assessing risk, using a template will ensure everyone has the same information to take the correct risk and control measures. Here are four key processes a risk assessment template will include:
This process needs dedication and creativity as it focuses on highlighting potential risks that might occur and impact project metrics. There are several methods for identifying potential threats in your organization. Your project team can brainstorm possible hazards and transform the findings into a risk checklist.
This goes beyond being able to identify potential risks and determines the criticality of the risk. This is where you assign both qualitative and quantitative values to possible risks and analyze the potential and strategies to minimize them. Risk analysis helps you understand the risks’ likelihood of occurrence and potential impact. This way, you can implement the proper mitigation and response.
Risk mitigation helps design and implement strategies to reduce the occurrence and the impact of the risks. The primary objective is to minimize the likelihood of risk incidence as much as possible.
Risk monitoring and control are also part of your assessment template. It helps ensure that the plans are carried out properly. As a result, your template should use the risk monitoring and controlling function to guarantee that your assessment and risk mitigation strategies are effective.
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