How do I create and use a Risk Log?

You have been told you need a Risk Log. How do you create one and use one?

Answer

  1. List your risks: Start a spreadsheet, and add a row for each risk.
  2. Status: Track the status for each risk: open, in progress, mitigated.
  3. How bad: Track the severity of each risk.
  4. Owner: Assign an owner of each risk.
  5. Mitigation: Record what needs to be done to reduce or close each risk.
  6. Update it: Hold regular project meetings to make progress and update the Log.

By . Published: 2020/03/22 5:27:21 PM, Last Updated: 2020/03/22 5:29:05 PM

More detail

An Example Risk Log

Simple Risk Log Template - Risk Log Worksheet

Add each of your project risks on this simple risk log. The Risk Severity is calculated automatically.

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FAQ Created: 2020/03/22 5:27:21 PM, Last Updated: 2020/03/22 5:29:05 PM By .