Risk register (part one) Date first completed: Compiled by: Date reviewed: Reviewed by: Complete a row per risk. Then, in the separate Risk Treatment Register, summarise the action you’ll take. Add more rows if you need to (Main menu bar > Table > Insert > Rows Below). Important: Use the risk assessment table on business.vic.gov.au (on the Assessing Individual Risks page) to work out the level of risk. Reference Describe the risk Rate the Rate the = Resulting Describe how Give it a risk ID likelihood consequence level of risk adequate current priority - Very Likely - - Low controls are A - Must What can happen? How can it happen? When can it happen? Eg. risk # 1 - Likely - Serious - Medium B - Should - Over adequate - Unlikely - Minor - High C - Could - Adequate - Very unlikely - Insignificant - Major - Inadequate - Non-existent # 1: No power Power failure for more than one day Unlikely Serious Medium Inadequate. Backup B for more than Loss of all frozen stock, refrigerated food, food and drink cabinets generator does not run a day Security system may not operate, staff cannot lock up Insurance will not cover No lighting to kitchen or elsewhere losses. Not sure if security happen anytime, night or day, no notice system has a battery Example: delete after Air con, exhaust fans and hand dyers will not work backup reading or No appliances, but stoves will work if lit manually. No hot water leave as a Cash register, stock control and EFTPOS etc will not operate guide.
Date first completed: Compiled by: Date reviewed: Reviewed by: Risk register (part one) Complete a row per risk. Then, in the separate Risk Treatment Register, summarise the action you’ll take. Add more rows if you need to (Main menu bar > Table > Insert > Rows Below). Important: Use the risk assessment table on business.vic.gov.au (on the Assessing Individual Risks page) to work out the level of risk. Reference ID Eg. risk # 1 Describe the risk What can happen? How can it happen? When can it happen? Rate the likelihood - Very Likely - Likely - Unlikely - Very unlikely Rate the consequence - - Serious - Minor - Insignificant = Resulting level of risk - Low - Medium - High - Major Describe how adequate current controls are - Over adequate - Adequate - Inadequate - Non-existent Give it a risk priority A - Must B - Should C - Could # 1: No power for more than a day Example: delete after reading or leave as a guide. Power failure for more than one day Loss of all frozen stock, refrigerated food, food and drink cabinets Security system may not operate, staff cannot lock up No lighting to kitchen or elsewhere happen anytime, night or day, no notice Air con, exhaust fans and hand dyers will not work No appliances, but stoves will work if lit manually. No hot water Cash register, stock control and EFTPOS etc will not operate Unlikely Serious Medium Inadequate. Backup generator does not run Insurance will not cover losses. Not sure if security system has a battery backup B