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I'm trying to complete a risk register and before continuing with it, I would like to know if I'm doing it correctly. So please let me know what you think:
Description, event: scope changes during the project
Effect: Budget raise, time tolerance exceeding, scope creep
Impact: Residual - yes
Probability: Residual - yes
Expected value: Inherent +15%, residual +5%
Proximity: Within project
Risk response categories: accept
Risk response: Request for change and adjust tolerances
Risk status: Active
Risk owner: Project manager
Risk actionee: Authorized person depending on the work asked for
Description, event: scope changes during the project
Effect: Budget raise, time tolerance exceeding, scope creep
Impact: Residual - yes
Probability: Residual - yes
Expected value: Inherent +15%, residual +5%
Proximity: Within project
Risk response categories: accept
Risk response: Request for change and adjust tolerances
Risk status: Active
Risk owner: Project manager
Risk actionee: Authorized person depending on the work asked for
Hi, It sounds like you are creating a template from scratch? I tend to include some kind of open/closed toggle, so you can keep your old risks, but easily filter them from view. Open Date and Close date are also useful if you are ever likely to do any analysis of your risk profile over time. Some people like to have fields for the untreated Impact and Probability, then the 'treated' Impact and Probability (i.e. after mitigation actions have been applied). I tend to include a field for 'action log' too, so I can keep track of any actions relating to the treatment of the risk.
If you want to grab a pre-done template, I have one on my site that you can grab (see link below). There's no registration and I don't ask for your email address :)
