Risk matrix

Make a risk matrix

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What a risk matrix is

“A risk matrix is a matrix that is used during risk assessment to define the level of risk by considering the category of likelihood (often confused with one of its possible quantitative metrics, i.e. the probability) against the category of consequence severity.”
From Wikipedia — Risk matrix — CC BY-SA 4.0

When to use a risk matrix

  • Safety checks

    Rate each risk by how likely it is and how bad it would be, then deal with the red ones first.

  • School

    Teachers fill one in before camps and excursions, like heat stroke on a summer hike.

  • New project

    Review it at each meeting: a risk that moves to a greener box means the plan is working.

How to make a risk matrix

  1. 1Draw the grid
  2. 2Colour by risk
  3. 3Place each risk

Helpful resources

Questions

Why draw one?
This is a simple mechanism to increase visibility of risks and assist management decision making.From Wikipedia — Risk matrix — CC BY-SA 4.0
Do I need an account?
No. Press the button and start. It saves in this browser; sign in only if you want it on your other devices too.
Can I print it?
Yes. Print it from the board's settings, or pick “Save as PDF” in the print window to keep a file.