Risk Analysis Template

Guarantee the success of your projects by better managing risks with Wrike’s risk analysis template. Gauge, classify, communicate, and mitigate risks before they affect your projects.

Risk Analysis Template
#risk management#project risk#operations

Mitigate risk with Wrike’s risk analysis template

When handling multiple resources and projects, it’s difficult to recognize which problems need your immediate attention and why. The inability to identify these key priorities and risks often results in delayed and over-budget delivery. 

Wrike’s risk analysis template helps you identify, analyze, and mitigate risks by improving your visibility of the issues that need action. It’ll also give you a better method of implementing RAID (risks, assumptions, issues, and dependencies) logs into your workflow, along with customizing them to service both individual and multiple projects. 

Why you need this template

Poor visibility into risks

Poor visibility into risks

Wrike’s risk analysis template provides comprehensive risk visualization and pre-built RAID (risks, assumptions, issues, and dependencies) entry forms, so your teams can easily update and keep up with the statuses of risks.

Problems and resources are too siloed

Problems and resources are too siloed

Wrike makes it easy to view risks holistically, along with their level of severity and impact. You can also notify other teams of these risks by cross-tagging, increasing visibility and helping your organization make well-informed decisions when managing resources.

Teams lack the information needed to resolve issues

Teams lack the information needed to resolve issues

Wrike’s risk analysis template provides you with a clear outline of information needed for each risk report and RAID log. Identify the causes and impact of each risk at a glance.

Manage risk better with this Wrike template

Manage risk better with this Wrike template

Manage risk better with this Wrike template

How to use the risk analysis template in Wrike

The risk analysis template streamlines the way you raise new RAID entries and view risks. These risk reports and logs are housed in a central risk analysis page, helping you better manage resources and maximize outcomes by improving your visibility across multiple tasks and projects.

  • Create and fill out new RAID reports
  • Manage reports from a table view
  • Progress reports through different stages of mitigation
  • Manage and organize risks through a dashboard 

Step 1: Create a RAID entry

The template comes with pre-built request forms to help you create detailed RAID entries. 

Fill out the pre-made form with details like RAID type, description, business cost, and whether the problem should be classified as a risk or not. 

Risks can also be graded by using a conditional part of the RAID form. The score of each risk can range from 3–15, depending on factors such as the risks’ impact, probability, or proximity. 

Once you create a new RAID report, it’ll land in the “RAID Intake” folder, which provides a tailored table view of potential risks. This table displays several custom fields and calculations, like the status of the problem, its cost to the business, risk score, and more.