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Risk matrix
Risk matrix
Quickly identify your highest priority issues.
A risk matrix is a visual guide for prioritising items which have been entered on a risk register.
Items on the risk register that are highly likely to have a significant impact on your business would appear in the red section of the risk matrix - making them high priority items.
Conversely, items that would only have a small impact on your business and are unlikely to affect your business at all would appear in the green section of the matrix - showing that they are low priority items.
All other items would be deemed important enough to require monitoring.
Download the tool
Use this risk matrix to assess the priority of items you've detailed on a risk register.
More resources from our Resilient staff, resilient business webinar
Ytou can find more downloadable tools and templates on our Resilient staff, resilient business webinar page.
A risk register can help you list, assess and plan to mitigate all anticipated challenges.
Take some time to really consider your business' strengths, weaknesses, opportunities and threats.