Risk assessment template
A risk register with a 5 × 5 likelihood and consequence matrix, automatic ratings and levels, actions, owners and residual risk.
An Excel risk register with agreed rating scales, drop-down categories and statuses, and formulas that multiply likelihood by consequence and label each risk Extreme, High, Medium or Low with colour coding. It tracks further actions, owners and due dates, re-rates residual risk after treatment and summarises everything on a matrix sheet. Six worked examples are included.
Format: XLSX · Version 1.0 · Updated 2026-11-06
How to use it
Build the register in a short workshop, review it quarterly and after any incident or major change. Use it alongside your WHS obligations, not instead of them.
Preview
| Risk | Likelihood | Consequence | Rating | Level | Further action |
|---|---|---|---|---|---|
| Phishing email leads to fraudulent payments | 4 | 4 | =L × C (16) | Extreme | Turn on MFA; phishing training |
| Loss of largest customer causes cash shortfall | 3 | 4 | 12 | High | Win three new accounts of similar size |
| Key supplier stops trading | 2 | 3 | 6 | Medium | Formal backup supplier agreement |
| Manual handling injury in the warehouse | 3 | 3 | 9 | Medium | Pallet jack and refresher training |
Download Risk assessment template
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