Risk Management Methods and Tools

RISK INFORMATION SHEET

What Is It

A risk information sheet is a means of capturing information about a risk. Risk information sheets are used to document new risks as they are identified. They are also used to modify information as risks are managed. It is a form that can be submitted to the appropriate person or included in a database with other project risks. In the absence of a database, this becomes a primary means of documenting and retaining information about a risk.

When To Use

Use to document risks and modify information as risks are managed.

Benefits

The form

  • Is used for documentation and communication of risks.
  • Provides a standardized format so risk information is readily accessible and understandable.