Managing project risks effectively is essential for success, and the Risk Register and Risk Matrix tool helps you do just that. This Excel tool provides a clear, structured way to assess potential risks by visually reviewing their likelihood and severity. With an intuitive Register Log, you can quickly input and organize key details, ensuring that every risk is documented and accounted for.
As per the Project Management Body of Knowledge (PMBOK) framework, this tool supports a fundamental aspect of project risk management—the creation and maintenance of a risk register. According to PMBOK, a risk register is an essential component of risk planning, serving as a centralized repository for identifying, analyzing, and monitoring potential threats throughout the project lifecycle. By systematically capturing risk details, including probability, impact, and response strategies, the risk register becomes a vital tool for informed decision-making, helping project managers mitigate uncertainties and safeguard project objectives.
The automated Risk Matrix takes your entries and transforms them into a visual representation, making it easy to identify high-priority concerns and focus on mitigation strategies. Whether you’re overseeing a complex project or simply want to enhance risk visibility, this tool streamlines the process, ensuring compliance with PMBOK best practices and helping you make proactive, data-driven decisions with clarity and confidence.
Video Walkthrough (for Risk Register and Risk Matrix - Excel)
Features (for Risk Register and Risk Matrix - Excel)
- Intuitive and straightforward design
- Employs software best practices
- Delivered as a blank Excel template - customize and populate with your data
- Free updates - send us a message to be notified of updates when they are available
- Completely customizable - add rows and columns, rename headings - unlock with provided password
Disclaimer (for Risk Register and Risk Matrix - Excel)
This digital product is designed to work in the current version of Microsoft Excel or Microsoft 365. It is not guaranteed to work in any other application and WILL NOT work in Google Sheets.
This digital product is copyrighted. It is intended for personal use only. It is strictly prohibited to reproduce, resell or share this product, in part or in full, with or without modifications. No refunds, exchanges, or cancellations. Given this is a digital product, no physical product will be delivered.
