PROJECT NAME: Risk Log

This log is used to record and track project risks. Risks are things that may or may not happen in the future that could have an effect on a project's success. This log includes all risks identified over the life of the project, including those that have passed and are no longer
a threat to the project, those that have been prevented or mitigated, and those that have become issues. Do not delete risk information from this log: it is a permanent record of project risks.

1. BASIC RISK INFORMATION 2. RISK ASSESSMENT INFORMATION 3. RISK RESPONSE INFORMATION

Date
Last Update Status of Risk Status
Risk Risk Description / Risk Reported Impact Probability Timeline
Responsible day-month- Impact Description Response Completed Actions Planned Future Actions Open / Closed /
Number Event Statement day-month- H/M/L H/M/L N/M/F
year N / P / PE / EE Moved to Issue
year
Provide a A risk event statement states Name or title of Enter the date Enter the Enter here List the specific impact the Enter here H Enter here N Enter here N List, by date, all actions taken to List, by date, what will be done State if the risk is
unique (i) what might happen in the team member the risk was date the risk H (High); risk could have on the (High) (Near-term); (No Plan); P respond to the risk. This does not in the future to respond to the open (still might
identifier future and (ii) its possible responsible for first reported (not the entire M project schedule, budget, M (Medium) or M (Medium- (Plan but not include assessing the risk risk happen and still has
for risk impact on the project. risk log) was (Medium); scope, and quality. Other L (Low) term); or F enacted); PE to be managed);
"Weather" is not a risk event updated or L (Low) impacts can also be listed according to (Far-term) (Plan enacted closed (has passed
statement. "Bad weather may according probability according to but or has been
delay the project" is a risk to impact definitions timeline effectiveness successfully
event statement. definitions definitions not yet mitigated); moved
known); EE to issue (risk has
(Plan enacted happened)
and effective)

Example Concrete prices may increase, Materials 1-Dec-2005 12-Jan-2006 M The cost of the concrete H M PE 10-Jan-2006: Asked concrete 12-Jan-2006: Investigating cost Open
R1 causing the project to go over Acquisitions could be as much as 50% supplier to guarantee a price; of purchasing materials now
budget Manager more expensive than request denied and storing them until needed
budgeted for, resulting in an
overall cost overrun of 15%
on the project

Example Key supplier may lose a Project Manager 15-Dec-2006 12-Jan-2006 H Finding a new supplier, N/A N/A N/A 12-Jan-2006: Met with supplier to N/A Moved to issue
R2 pending lawsuit and go out of negotiating contract, and discuss options
business, creating the need to getting re-started is 15-Jan-2006: Spoke with other
find a new supplier, which will estimated to cause a 6- suppliers regarding availability
cause schedule delays month delay 20-Jan-2006: Prepared
contingency plan and RFP in case
supplier goes bankrupt
25-March-2006: Moved risk to
issue process -- supplier lost
lawsuit and declared bankruptcy

R1
R2
R3
R4
R5
R6
R7
R8
R9
R 10

1
 PROJECT NAME: Risk Log

Date
Last Update Status of Risk Status
Risk Risk Description / Risk Reported Impact Probability Timeline
Responsible day-month- Impact Description Response Completed Actions Planned Future Actions Open / Closed /
Number Event Statement day-month- H/M/L H/M/L N/M/F
year N / P / PE / EE Moved to Issue
year
R 11
R 12
R 13
R 14
R 15
R 16
R 17
R 18
R 19
R 20
R 21
R 22
R 23
R 24
R 25
R 26
R 27
R 28
R 29
R 30
R 31
R 32
R 33
R 34
R 35
R 36
R 37
R 38
R 39
R 40
R 41
R 42
R 43
R 44
R 45
R 46

2
 PROJECT NAME: Risk Log

Date
Last Update Status of Risk Status
Risk Risk Description / Risk Reported Impact Probability Timeline
Responsible day-month- Impact Description Response Completed Actions Planned Future Actions Open / Closed /
Number Event Statement day-month- H/M/L H/M/L N/M/F
year N / P / PE / EE Moved to Issue
year
R 47
R 48
R 49
R 50
R 51
R 52
R 53
R 54
R 55
R 56
R 57
R 58
R 59
R 60
R 61
R 62
R 63
R 64
R 65
R 66
R 67
R 68
R 69
R 70
R 71
R 72
R 73
R 74
R 75
R 76
R 77
R 78
R 79
R 80
R 81
R 82

3
 PROJECT NAME: Risk Log

Date
Last Update Status of Risk Status
Risk Risk Description / Risk Reported Impact Probability Timeline
Responsible day-month- Impact Description Response Completed Actions Planned Future Actions Open / Closed /
Number Event Statement day-month- H/M/L H/M/L N/M/F
year N / P / PE / EE Moved to Issue
year
R 83
R 84
R 85
R 86
R 87
R 88
R 89
R 90
R 91
R 92
R 93
R 94
R 95
R 96
R 97
R 98
R 99
R 100