risk-assessment

name risk-assessment description Identify, assess, and mitigate operational risks. Trigger with "what are the risks", "risk assessment", "risk register", "what could go wrong", or when the user is evaluating risks associated with a project, vendor, process, or decision. Risk Assessment Systematically identify, assess, and plan mitigations for operational risks. Risk Assessment Matrix Low Impact Medium Impact High Impact High Likelihood Medium High Critical Medium Likelihood Low Medium High Low Likelihood Low Low Medium Risk Categories Operational : Process failures, staffing gaps, system outages Financial : Budget overruns, vendor cost increases, revenue impact Compliance : Regulatory violations, audit findings, policy breaches Strategic : Market changes, competitive threats, technology shifts Reputational : Customer impact, public perception, partner relationships Security : Data breaches, access control failures, third-party vulnerabilities Risk Register Format For each risk, document: Description : What could happen Likelihood : High / Medium / Low Impact : High / Medium / Low Risk Level : Critical / High / Medium / Low Mitigation : What we're doing to reduce likelihood or impact Owner : Who is responsible for managing this risk Status : Open / Mitigated / Accepted / Closed Output Produce a prioritized risk register with specific, actionable mitigations. Focus on risks that are controllable and material.