Risk Assessment Template

For a company to maintain its regular situation and business reputation it should avoid the risks as much as possible. However, to be able to avoid the risk, the necessary precautions must be taken by the managers. They must ensure those things, activities, situations, processes, etc. that cause harm to people or property are controlled.

Using Risk Assessment Template is one of the greatest ways to evaluate all the risk that the company may have in the same manner.

RISK ASSESSMENT TEMPLATE FEATURES:

Mainly, the template has 2 parts:

Let’s take a quick look at the sections:

Dashboard

A risk assessment template dashboard will manage and control potential risk in your business. It involves a systematic examination of a workplace to identify hazards, assess injury severity and likelihood to reduce risks.

 

This tool mainly lets you list the hazards which may cause a risk and analyze it in terms of its severity and likelihood. It displays an analysis of the amount and distribution of the likelihood and severity of the hazards you listed in the form.

First of all, you will input your data in Hazard, Who is at risk, Person Responsible and Recommended Action columns. After that, you can choose the option which suits you the best when you click on any cell in Severity and Likelihood columns.

Warning!: DO NOT type in or delete anything in the Risk Impact column, it adjusts itself automatically from Risk Assessment Matrix right after you choose your options in Severity and Likelihood columns.

Risk Assessment Matrix

The risk impact is calculated by the risk assessment matrix right after putting values for likelihood and severity. It is mainly used to assess the consequence, likelihood and overall risk rating of a safety hazard.

Furthermore, Scale of Likelihood and Scale of Severity options are up to your company’s procedure and policy. If you would like to modify the text, the dropdowns at the dashboard will be updated accordingly.

Risk Assessment Template Features Summary:

• Easy to use risk management form
• Professional design for presentations
• Full Print Ready
• Informational side-notes included
• No installation needed. Ready to use.
• Works both on Mac and Windows
• Compatible with Excel 2007 and later versions
• Does not include any VBA macros