Risk is everywhere, and no one can really deny this fact. However, with thoughtful planning and execution, risks can be prepared for and even handled. Managing risks is obviously not easy and requires a lot of tools and techniques. One of the tools is the risk checklist template. Here is how you can write your own risk checklist template, by following some simple best practices.
5 Steps to Write a Risk Checklist
1. Know Your Risk Domain
Every task that you do can be prone to certain risks. But the risks would differ from task to task and domain to domain. If you wish to analyze the risk you might be up for, first gain awareness about the domain you are working in. It could be your industry (Automobile, Manufacturing, Telecom, etc.) or workstreams such as Finance, Sales, Marketing, etc.
2. Consult an Expert from That Industry
You might be an expert yourself, but if you are not the best way to analyze risk for any domain is to speak to a rick consultant from that domain. Risk analysis generally comes from years of experience and you must leverage that knowledge for your benefit. Consulting with an expert will open wide horizons of risks for you to consider.
3. Prepare a Comprehensive Risk Format
Although you may have all the information, if you don’t document it properly they would not be of much use to you or anyone else. You must prepare a comprehensive risk document that will have a provision to cover all aspects of risks within your domain. This will help you understand better and even keep a record of all the information you are gathering over time.
4. Have Space for Documenting Workarounds
Analyzing risks is only half the job done. The main part is to know how to avoid the risk or overcome it. These are generally done through workarounds. Your template must have an area that talks about the risk and suggests a way to avoid it or tackle it.
5. Keep It Handy for Reference
Your risk template won’t help much if you don’t use it all the time. This document must remain in front of your eyes constantly so that you stay connected with it and keep updating it with real-time information.
7+ Risk Checklist Templates
1. Checklist On Risk Management Essentials
Here’s one of the best checklist templates in Google Docs format to lay out Risk Management processes within your organization. It is very detailed and lists down a lot of pointers to cover all aspects of Risk analysis such as documents, management procedures, compliance, insurance, rewards on performance, etc. This is a must for organizations that are laying own risk procedures for their employees
2. Modern Risk Checklist Template
This is a very modern-looking risk management report for your risk management. It contains a section is about the general risk assessment checklist. It contains check boxes which you can mark if you feel the proneness of those risks. Also, below is the control measures section that talks about a few principles that can be applied to control risks.
3. Simple Template for Risk Checklist
The complexity of risks determines the kind of simple checklist template you might need. If you feel that you are prone to simple risks that can be documented on a plain template, then this one is perfect for you. The template is more than one page and therefore covers a lot more information.
4. Standard Risk Checklist Template
This project planning assessment checklist is all about solving your purpose and at the same time reflecting professionalism. It starts off with a tabular format that outlines the purpose and then lists the checklist of activities. You may modify this to suit your needs, but the design is neat and very user-friendly.
5. Generic Checklist Template for Risk Management
There is nothing better than having a standardized document that you can bank upon for your risk management tasks. This checklist sample is very useful in the way it is designed and makes good use of color combinations to indicate the level of risks. The last page also has keys and legends so that anybody referring the document can interpret easily.
6. Editable Risk Assessment Template
If you are looking for a ready-made risk management checklist template, this could be the end of your search. This template is in word format and is very easy to edit. It looks professional and lists down all risks and the scope of each in tabular format. Overall, a very smart looking document that you can modify and use as your risk checklist template.
7. Landscape Template for Risk Checklist
Landscape mode documents have more space and this risk assessment form template is just about that. It is a very detailed risk assessment design that can easily take care of all your risk analysis needs. It contains different columns for the risk, corrective actions, and risk evaluation. You may also modify the table headers and use it for your own domain or industry risks analysis.
8. Printable Risk Checklist Template
Lastly, this is one of the best word templates you can find. It is very professional and contains sections of version history, table of contents, roles and responsibilities, etc. to clearly communicate details to anybody that is referring the document. Overall, this can prove very useful for your risk assessment needs.
We should never overlook risks at any point in time. It could take a huge blow on our work and cause a lot of damage. The best way is to document your risk checklist by using any of the above templates and always keep an eye for risks that can pop up in your way.