Risk Matrix

by Library Admin
Edit This Template
Use Creately’s easy online diagram editor to edit this diagram, collaborate with others and export results to multiple image formats.
Risk Matrix

A Risk Matrix is a visual tool commonly used in project management and risk assessment to evaluate and prioritize potential risks. It consists of a grid with two axes: one representing the likelihood of a risk occurring and the other depicting the impact or severity of the risk if it does materialize. By plotting identified risks on this matrix, teams can quickly identify high-priority risks that require immediate attention and develop appropriate mitigation strategies, thereby enhancing project preparedness and risk management.

You can easily edit this template using Creately. You can export it in multiple formats like JPEG, PNG and SVG and easily add it to Word documents, Powerpoint (PPT) presentations, Excel or any other documents. You can export it as a PDF for high-quality printouts.

  • View More

Related Templates