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Essay Details:
Essay text:
high (more than 70% chance of occurrence), medium (between 30 – 70% chance) low (less than 30% chance of occurring).
Potential Cost: in pounds, or in impact (e.g. injury).
Risk Ownership: the name and details of an individual in the team or organisation who will take the ownership of treating the risk, having agreed to this responsibility.
Response Actions: a description of the course of action taken to treat the risk.
Residual Risk and Impact: Risk now that counter measures have been put into place
Current Status: e.g. being monitored, escalated to another person.
Closed date: date risk item was closed, and why it was closed...
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