Free template

Risk Assessment Template

A risk assessment identifies what could disrupt your operations, scores each risk by likelihood and impact, and decides what to do about it. The template uses a 5×5 matrix so risks are ranked consistently.

Use it as a standalone register, or run it inside Resilira where risks plug straight into your continuity program.

What's inside

Risk identification

Threat, affected process/asset, and a clear risk statement.

Likelihood scoring (1–5)

How probable the risk is, against a defined scale.

Impact scoring (1–5)

Severity if it occurs, aligned to your BIA impact categories.

Risk score & heat map

Likelihood × impact, plotted on a 5×5 heat map to rank treatment.

Treatment & owner

Accept, reduce, transfer or avoid — with an owner and target date.

Residual risk

The score after treatment, compared against your risk appetite.

Generate it automatically with Resilira

  • Score risks on a 5×5 heat map with a seeded threat library to get started fast.
  • Link risks to the processes and assets they threaten, so treatment is prioritised by business impact.
  • High risks feed exercise scenarios and surface in your compliance gaps automatically.

Best-practice tips

  • Anchor your 1–5 scales with written definitions so two assessors score the same risk the same way.
  • Track residual risk, not just inherent risk — leadership cares about what's left after controls.
  • Review the register on a cadence; risk is not a once-a-year exercise.

Frequently asked questions

What is a risk assessment matrix?
A risk assessment matrix (commonly 5×5) plots each risk's likelihood against its impact to produce a score, making it easy to rank which risks need treatment first.

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