Risk Matrix

Use the Risk Matrix to define the risk levels of an event, then assess and compare these risks by considering their impact and likelihood.
The Risk Matrix answers the following questions.
  • What are the risks of this event?
  • How severe are the risks?
  • What is the likelihood that these risks impact the event?
  • Which risks should you address first?

How-to

  1. In the Impact section of the matrix, define the impact for each risk level (rows) in terms of the criteria (columns). You can change the levels of risk by changing the row labels in this section.
  2. In the Likelihood section of the matrix, add specific risks to the red, orange, yellow, and green cells according to their level of impact and likelihood. You can change the levels of likelihood by changing the column labels in this section.

For more information, go to Add and complete a form.

By using this site you agree to the use of cookies for analytics and personalized content.  Read our policy