Project Risk Register Template

A Project Risk Register is an important tool in project management. It helps project teams to track and manage potential risks throughout the lifecycle of any project. It typically includes attributes such as potential impact, probability of occurrence, risk ownership, and mitigation strategies. Risk registers should be live documents that evolve with the project. This ensures teams stay responsive to potential challenges as they arise and reduces the chances of potential project delays or failures.

This project risk register template helps project teams easily input risk-related data. It allows for the systematic identification, analysis, and response to potential risks, ultimately enhancing project success and minimizing delays. It is organized into three key sections: Risk Identification, Risk Analysis, and Risk Response. This structure enhances clarity and ensures that risks are managed in a systematic way.

This Project Risk Register Template is a Microsoft Excel worksheet that can be customized to meet your specific needs. For example, you may increase the number of risk entries by simply adding more rows to include a larger list of identified risks. You may also want to change the naming of some attributes in the register to better align with your project’s methodology. For example, the “Risk Rating” attribute might be changed to “Risk Priority Number (RPN)” or “Risk Severity Score”.