Risk Assessment REPORT[footnoteRef:1] [1:    Use Risk Assessment Calculator - Risk & Issue Log Template to create table] 

Project Name:  
Date of assessment:	Prepared by:

 	Risk	 	Impact	x	Likelihood	=	Score
R1		 		 		 	
R2		 		 		 	
R3	 	 		 		 	
R4	 	 		 		 	
R5	 	 	 	 	 	 	
R6	 	 	 	 	 	 	
R7	 	 	 	 	 	 	
R8	 	 	 	 	 	 	
R9	 	 	 	 	 	 	
R10	 	 	 	 	 	 	





Risk ratings and Score Chart
Risk ratings are a composite of the impact of the risk which the recommendation is addressing and the likelihood of that risk occurring if action is not implemented. For analytical purposes, composite risk is classified as follows:

12 or More. Risk Score is High	Failure has the potential to significantly damage or destroy the effective functioning of the process and/or Program/unit or its future viability. The risk would require attention and action by senior management and a clear action plan developed.
6 to 11. Risk Score is Significant	Failure has the potential to damage important aspects of the Program/Unit/Process functions or future viability, which would require significant management effort and time to recover.
3 to 5.  Risk Score is Moderate	Failure has the potential to damage particular aspects of the Program Unit/ functions, diverting management effort if an adverse event occurred, but not expected to damage the overall medium-long term operations of the Program/Process.
2 or Less.  Risk Score is Low	Failure would have limited impact on the process or Program/Process functioning.


Risk rating Score chart

Impact	4	8	12	16
	3	6	9	12
	2	4	6	8
	1	2	3	4
	Likelihood


ILRI PMF Version 1.0 May 2017