Quantitative Risk Analysis Template

• Prepared on:

  Date

• Prepared by:

• Project's location:
  Address

• Do you have sufficient data, time, and resources?

  Yes

  No

  N/A

• Reevaluate if you need to perform quantitative risk analysis.

• What kind of information or insight do you hope to gain from performing this risk analysis?

• What data will you include?

• What data will you not include?

• What quantitative risk analysis method are you planning on using?

  Select Failure Mode and Effects Analysis Business Impact Analysis Expected Monetary Value Other

  • Failure Mode and Effects Analysis
  • Business Impact Analysis
  • Expected Monetary Value
  • Other

• Please specify.

• Is data compatible with the selected method?

  Yes

  No

  N/A

• Is data organized / ready for analysis?

  Yes

  No

  N/A

• Do you need additional tools to perform this analysis?

  Yes

  No

  N/A

• What tools do you need?

• Is it possible for you to get these tools?

  Yes

  No

  N/A

• Who do you need to talk to or what must be done for you to obtain these tools?

• Who will perform this analysis?

  Select I will perform the analysis Someone else in my organization Someone outside my organization

  • I will perform the analysis
  • Someone else in my organization
  • Someone outside my organization

• Please indicate your role and position in your organization or with regards to the project:

  Yes

  No

  N/A

• Are you ready to perform the analysis?

  Yes

  No

  N/A

• Please indicate their name, role and position in your organization.

• How can you contact this person?

• Will you be collaborating with him/her/them?

  Yes

  No

  N/A

• Check if this person is ready to perform the analysis.

• Are you and this person ready to perform the analysis?

  Yes

  No

  N/A

• Please indicate their name, profession, and relation to your organization.

• Will you be able to keep in contact with this person?

  Yes

  No

  N/A

• If the Failure Mode and Effects Analysis (FMEA) method was selected: https://public-library.safetyculture.io/products/fmea-template

• If the Business Impact Analysis (BIA) method was selected: https://public-library.safetyculture.io/products/business-impact-analysis-template

• If the Expected Monetary Value (EMV) method was selected, use the following formula on each risk: Probability in % of Risk Occurring x Cost of Impact in Preferred Currency = EMV

• Have all results been recorded?

  Yes

  No

  N/A

• Briefly describe the results.

• What have you learned from this risk analysis?

Completion

• Name and Signature:

  Sign