What is a Risk Register? A risk register is a tool in risk management and project management. It is used to identify potential risks in a project or an organization, sometimes to fulfill regulatory compliance but mostly to stay on top of potential issues that can derail intended outcomes.

While the risk register is mostly used during the execution of the project, it’s part of your risk management plan, which must be given serious consideration by project managers during the project planning phase. There is no time too early to start thinking about risk analysis in your project. Therefore, having a project risk register on hand and ready is essential in managing risk.

While the risk register is mostly used during the execution of the project, it’s a tool of risk management, which must be given serious consideration during the phase. There is no time too early to start thinking about risk in your project. Therefore, having a risk register on hand and ready is essential in managing risk.

The project risk register includes all information about each identified risk, such as the nature of that risk, level of impact risk, who owns it and what are is the risk response mitigation measures in place to respond to it. Download our free risk register template for Excel.. It’s a great risk register example.

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