Risk Register

A risk register is a critical tool in project management and organisational risk assessment that serves as a comprehensive repository for identifying, documenting, and managing potential risks.

Title	Risk Register
Doc#	DOC-RISK-001
Version	1.0
Date	03-12-2023

A risk register is a critical tool in project management and organisational risk assessment that serves as a comprehensive repository for identifying, documenting, and managing potential risks. This dynamic document helps stakeholders understand the array of possible risks, their likelihood, and their potential impact on a project or business operation. By systematically categorising and prioritising risks, the risk register provides a structured approach to develop mitigation strategies and allocate resources efficiently. It is an essential component for proactive decision-making, ensuring that all team members are aware of possible challenges and are prepared to handle them effectively to minimise negative outcomes and capitalise on opportunities that may arise from identified risks.

Risk	Likelihood	Impact	Controls	Owner
Data breach	High	High	Encryption, access controls, staff training	CISO
DDoS attack	Medium	High	DDoS mitigation service, capacity planning	CIO
Insider threat	Low	High	Background checks, access controls, monitoring	CISO
Physical intrusion	Low	Medium	Badges, CCTV, alarms	Facilities
Power outage	High	Medium	Generators, UPS, redundancy	Facilities