Tag Archives: risk assessment

Severity: The impact of a risk and the negative consequences that would result. Likelihood: The probability of the risk occurring. To place a risk in the risk assessment matrix, assign a rating to its severity and likelihood. Then plot it View more Risk Assessment Matrix Template Likelihood vs Severity→

A risk assessment matrix simplifies the information from the risk assessment form, making it easier to pinpoint major threats in a single glance. This convenience makes it a key tool in the risk management process. Every risk assessment matrix has View more Risk Assessment Matrix→