Risk Register
A Risk Register is a document you use to record:
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All of your organisation’s identified risks
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The likelihood and consequences of a risk occurring,
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The actions you are undertaking to reduce those risks and
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Who is responsible for managing them.
It’s one part of risk management, i.e. the practice of identifying potential risks in advance, analysing them and taking precautionary steps to reduce/minimise the risk or potential impacts.
The Risk Register is essential for keeping track of all the risks, your analysis of them, what you intend to do about them, and so on.
Many organisations already have risk management processes and risk registers.
If you are new to risk management, you may find the Introduction to Risk Management provided in the 'Downloads' section below useful.
If you have an existing risk management process and risk register we suggest you embed all the risks to your organisation from disasters and emergencies into them.
If you do not already have a risk register there are a range of templates available on line. We have created one for you to use in both Word and Excel format. You will find the templates in the ‘Downloads’ section below.
A Risk Register is useful as it enables you to store all of your risk information in one, easily accessible location. Its simple, consistent format makes it easier for people to understand the information presented and to provide feedback. Importantly, a Risk Register specifies the ways your team commits to manage the identified risks and who is responsible for doing so.