Risk & Priority Matrix Example Template

• Site conducted

  Select

• Conducted on

  Date

• Prepared by

• Location
  Address

Reportable threat

• Which threat category are you reporting?

  Threat Category 1

  Threat Category 2

  Threat Category 3

• Choose first the likelihood on a scale of 1-5, then the severity of the consequence from 1-5
  

  

• Likelihood (1-5) 1- rare 2- unlikely 3- possible 4- likely 5- almost certain

• Consequence (1-5) 1- negligible 2- minor 3- moderate 4- major 5- catastrophic

• Risk Score

• This is a negligible risk. Please complete the priority matrix below.

Priority Matrix

• Do you want to add a priority rating?

  Yes

  N/A

• Choose first the risk score on a scale of 1-5, then the existing controls from 1-5
  

  

• Confirm risk score from above 1- negligible

• Existing Controls (1-5) 1- strong 2- baseline 3- barely adequate 4- inadequate

• Priority Score

• This is a low priority. No need to further report it

  

• This constitutes a medium priority. Please attach a corrective action

  

• This is a high priority. A notification will be sent to [x person] upon inspection completion. Please provide a corrective action.

  

• This is a the highest priority. A notification has been sent to [x person] immediately. Please also provide a corrective action.

  

• This constitutes a low risk. Please attach a corrective action & complete the probability matrix.

  

Priority Matrix

• Do you want to add a priority rating?

  Yes

  N/A

• Choose first the risk score on a scale of 1-5, then the existing controls from 1-5
  

  

• Confirm risk score from above 2- low

• Existing Controls (1-4) 1- strong 2- baseline 3- barely adequate 4- inadequate

• Priority Score

• This is a low priority. No need to further report it

  

• This constitutes a medium priority. Please attach a corrective action

  

• This is a high priority. A notification will be sent to [x person] upon inspection completion. Please provide a corrective action.

  

• This is a the highest priority. A notification has been sent to [x person] immediately. Please also provide a corrective action.

  

• This is a moderate level risk. A notification will be sent to [x person] upon inspection completion. Please attach a corrective action & complete the probability matrix.

  

Priority Matrix

• Do you want to add a priority rating?

  Yes

  N/A

• Choose first the risk score on a scale of 1-5, then the existing controls from 1-5
  

  

• Confirm risk score from above 3- moderate

• Existing Controls (1-5) 1- strong 2- baseline 3- barely adequate 4- inadequate

• Priority Score

• This is a low priority. No need to further report it

  

• This constitutes a medium priority. Please attach a corrective action

  

• This is a high priority. A notification will be sent to [x person] upon inspection completion. Please provide a corrective action.

  

• This is a the highest priority. A notification has been sent to [x person] immediately. Please also provide a corrective action.

  

• This is a high level risk. A notification has been sent to [x person] immediately. Please also attach a corrective action & complete the probability matrix.

  

Priority Matrix

• Do you want to add a priority rating?

  Yes

  N/A

• Choose first the risk score on a scale of 1-5, then the existing controls from 1-5
  

  

• Confirm risk score from above 4- high

• Existing Controls (1-4) 1- strong 2- baseline 3- barely adequate 4- inadequate

• Priority Score

• This is a low priority. No need to further report it

  

• This constitutes a medium priority. Please attach a corrective action

  

• This is a high priority. A notification will be sent to [x person] upon inspection completion. Please provide a corrective action.

  

• This is a the highest priority. A notification has been sent to [x person] immediately. Please also provide a corrective action.

  

• This is a severe level risk. A notification has been sent to [x person] immediately. Please also attach a corrective action & complete the probability matrix.

  

Priority Matrix

• Do you want to add a priority rating?

  Yes

  N/A

• Choose first the risk score on a scale of 1-5, then the existing controls from 1-5
  

  

• Confirm risk score from above 5- severe/critical

• Existing Controls (1-4) 1- strong 2- baseline 3- barely adequate 4- inadequate

• Priority Score

• This is a low priority. No need to further report it

  

• This constitutes a medium priority. Please attach a corrective action

  

• This is a high priority. A notification will be sent to [x person] upon inspection completion. Please provide a corrective action.

  

• This is a the highest priority. A notification has been sent to [x person] immediately. Please also provide a corrective action.

  

Final risk & priority rating

• This repetition is important for data analysis purposes.

• Final Risk Rating

  Negligible

  Low

  Moderate

  High

  Severe

• Final Priority Rating

  Low

  Medium

  High

  Highest Priority

  Not registered

• Signature

  Sign