Risk assessment

Product/release risk register with likelihood, impact, and mitigation per risk.

320 wordsRiskMitigationPlanning

Risk Assessment — Product Name / Release

Version: 1.0 Author: Name Date: YYYY-MM-DD Release: v0.0 Review date: YYYY-MM-DD

Overview

Brief description of what is being released and the context for this risk assessment.

Risk Scoring Guide

Likelihood Definition
High Very likely to occur; has occurred in similar contexts before
Medium Could occur; some precedent or contributing factors present
Low Unlikely; no known contributing factors
Impact Definition
High Significant user impact, data loss, regulatory exposure, or revenue loss
Medium Degraded experience, workaround available, or limited user group affected
Low Cosmetic or minor inconvenience; easily recoverable

Risk score = Likelihood × Impact

Score Level Action
High × High Critical Block release until mitigated
High × Medium or Medium × High High Active mitigation required before release
Medium × Medium or High × Low Medium Monitor and have contingency plan
Low × any Low Accept or defer

Risk Register

ID Risk Category Likelihood Impact Score Mitigation Owner Status
R01 Risk description Technical / Process / Business / External H / M / L H / M / L Score Mitigation action Name Open / Mitigated / Accepted
R02 Risk description H / M / L H / M / L Score Mitigation action Name
R03 Risk description H / M / L H / M / L Score Mitigation action Name
R04 Risk description H / M / L H / M / L Score Mitigation action Name
R05 Risk description H / M / L H / M / L Score Mitigation action Name

Residual Risks Accepted for Release

List any remaining risks that have been accepted rather than fully mitigated, with the business justification.

ID Risk Accepted by Reason
RXX Risk Name / Role Justification

Risk Review History

Date Reviewer Changes Made
Date Name Initial version

// Related templates

Test plan

Scope, approach, schedule, risks, entry/exit criteria. IEEE 829-style structure.

Test strategy

High-level testing approach for an entire product or release programme. Org-level document.

Release readiness checklist

Pre-release sign-off checklist covering testing, monitoring, rollback, and comms.