Risk Priority Matrix

Assess and prioritize project risks by impact and probability

Rare Certain
Minimal Severe
Low
Medium
High

How to Use This Tool

1
Define Risks

List project risks with clear descriptions.

2
Rate Risks

Assess each risk by probability (1-5) and impact (1-5).

3
Prioritize Action

Focus on high-score risks in the matrix view.

Example

Input
Server downtime - Probability: 2, Impact: 5
Output
Risk Score: 10 (High Priority)

Pro Tips

  • Update risk scores weekly
  • Address high-impact risks first
  • Document mitigation plans