Risk Register part 2 risk assessment, risk evaluation and risk treatment – Risk Controls which are currently in Risk Rating Risk rating Monitoring and place Action to be taken following reviewing additional risk controls responsible officer Treatments – Rating rating Monitored by whom with Risk the inclusion of details of Can include further risk treatment strategies or a Owner about frequency rationale behind no further action where rating is requirements of Rating Rating Conseq. Conseq. rated as for Improvement” or” inadequate.” “Room monitoring in addition to of of the final review to occur. Effectiveness Risk Risk Effectiveness Reference can be made to an attaching / Where appropriate can “cost This field is for the risk controls that already Reference benefit analysis” or treatment action plan” for Treatment Management refer to a treatment “risk “risk exist and are currently managing the risk relevant risks. plan.” Risk Control Control Consequence Risk Consequence Residual Likelihood Likelihood for Inherent 1 2 3 4
Risk Register part 2 – risk assessment, risk evaluation and risk treatment Risk Reference Risk Controls which are currently in place This field is for the risk controls that already exist and are currently managing the risk Risk Rating Control Effectiveness Rating Action to be taken Can include further risk treatment strategies or a rationale behind no further action where rating is rated as “Room for Improvement” or” inadequate.” Reference can be made to an attaching “cost / benefit analysis” or “risk treatment action plan” for relevant risks. Risk Treatment Owner – officer responsible for Management of Risk Treatments Risk rating following additional risk controls Control Effectiveness rating Monitoring and reviewing Monitored by whom with the inclusion of details about frequency requirements of monitoring in addition to the final review to occur. Where appropriate can refer to a “risk treatment plan.” Consequence Likelihood of Conseq. Inherent Risk Rating Consequence Likelihood of Conseq. Residual Risk Rating 1 2 3 4
RM-Risk-Register-2016.docx