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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