Risk Register and Risk Matrix - Google Sheets

📊 Risk Register & Risk Matrix – Google Sheets Template A professional, ready-to-use Risk Register and Risk Matrix Google Sheets template designed for project managers, executive leadership, and teams who need a structured way to identify, assess, and mitigate project risks. Built with clarity and precision, this tool aligns with best practices in project management and provides a scalable framework for tracking risks across initiatives.

✅ Key Features

• Risk Register Sheet – Track risks with fields for category, likelihood, severity, impact, mitigation strategy, and ownership.
• Risk Matrix Dashboard – Visualize risks in a matrix format to quickly identify high-priority issues.
• Configuration Sheet – Customize drop-down lists for categories, team members, and severity levels to fit organizational needs.
• Automated Dashboard – View overall project risk status at a glance, with clear indicators for open, in-progress, and closed risks.

🎯 Benefits for Professionals

• Project Managers – Stay aligned with PMBOK risk management processes and ensure risks are documented, monitored, and mitigated.
• Executive Leadership – Gain visibility into project risk exposure and make informed decisions with clear, data-driven insights.
• Teams & Stakeholders – Improve communication and accountability by assigning ownership and tracking mitigation strategies.
• Strategic Planning – Use the risk matrix to prioritize actions and safeguard project outcomes against financial, operational, and strategic threats.

📌 Why This Template? This tool is designed to streamline risk management workflows, reduce project uncertainty, and provide a professional framework for documenting risks. Whether managing a new product launch, strategic initiative, or compliance project, this template ensures risks are captured, assessed, and addressed with clarity.