---
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.