Building a Risk Register

Summary

A living document tracking identified risks, their assessment, owner, and mitigation status — the practical artifact that turns Phase 11's risk assessment concepts into an ongoing, managed process.

• 1Build a simple risk register template with columns for risk, likelihood, impact, owner, and status.
• 2Populate it with 5-8 hypothetical risks for a practice organization.
• 3Learn why a risk register needs regular review, not a one-time creation and abandonment.