Projects template
Risk Register
Likelihood × impact scoring with a rating band that sets itself.
- ✓Instant download
- ✓Every later version free
- ✓Commercial use
- ✓No signup, no watermark
- 17
- live formulas, each one recalculated and checked
- 8
- columns: ID, Risk, Owner, Likelihood, Impact, Score, Rating, Mitigation
- 5
- figures worked out for you
A PM on a formal or governed project · Regulated, public sector and enterprise projects — usually looking for this when a steering group has asked what could go wrong.
Need more than one? All 9 Projects templates for $39 — $114 bought separately. All 66 for $99.
Works in Excel 2013 and later, Microsoft 365, Google Sheets and LibreOffice Calc. Set up to print landscape on one page wide. Version 1, updated 25 September 2026.
There are free templates. Why this one?
There are, and some are fine. The difference is what has been checked. This file was built from scratch, then every formula in it was recalculated by a separate checker that compares each result against an independently worked-out answer — 17 of them here. A template that looks right and totals wrong is worse than no template at all, and that is the usual failing of one downloaded from a search result.
It also opens with sample rows already filled in, so you can see every formula working before you touch it, and it is set up to print without fighting the page setup. No email wall, no signup, no watermark, and you can use it commercially.
About this Risk Register template
A risk register lists what could go wrong, how likely it is and how much damage it would do. This Excel template scores each risk by multiplying likelihood by impact, each from 1 to 5, and gives it a High, Medium or Low rating automatically.
The risk profile counts high, medium and low risks, shows the highest score and names your top risk, so reviews start with what matters most.
Good for
- →Project kick-offs and regular risk reviews
- →Health and safety or compliance risk logs
- →Showing a sponsor the risks that need decisions
What it works out for you
Profile
- →High risks
- →Medium risks
- →Low risks
- →Highest score
- →Top risk
What is inside the Risk Register template
The table has 8 columns. Calculated columns fill themselves in; the rest are yours to type over.
- →ID
- →Risk
- →Owner
- →Likelihood
- →Impact
- →Score
- →Rating
- →Mitigation
How to use the Risk Register in Excel
Score likelihood and impact 1–5 each. The score and the High/Medium/Low band calculate — sort on Score to find what needs attention.
The file opens with sample rows so you can see every formula working before you change anything. Type your own figures over them. When you need more rows, insert them inside the existing block rather than underneath it, so the totals keep covering every row.
Functions and formulas it uses
Every one of these exists in Excel, Google Sheets and LibreOffice, so the file behaves the same wherever you open it.
COUNTIFIFINDEXMATCHMAXQuestions about the Risk Register
How is the risk score calculated?
Likelihood (1–5) multiplied by impact (1–5), giving a score from 1 to 25. The High, Medium or Low rating is set from that score.
What should go in the mitigation column?
What you will do to reduce the likelihood or the impact — ideally with who is doing it and by when.
How often should a risk register be reviewed?
Regularly; many teams review it at every project meeting, because scores change as work progresses and new risks appear.
What you get with the Risk Register
- ✓17 formulas, every one recalculated and checked
- ✓Opens with sample rows already filled in
- ✓Excel, Google Sheets and LibreOffice Calc
- ✓Set up to print landscape, one page wide
- ✓Commercial use, no attribution needed
- ✓Every later version included free
Get the Risk Register for $12
One payment. The file downloads straight away, and every later version of it is yours at no extra cost.
Buying a few? All 9 Projects templates for $39, or all 66 for $99.
More projects templates
See all Projects →Risk Register
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