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A risk register can be used in order to summarise risks associated with a proposed plan. It is a valuable exercise for a committee to discuss and complete as a part of the planning process to determine whether the outcomes outweigh the risks and to develop a strategy for mitigating the risks identified.
We have also included an example of a risk register in order to aid your discussion.
We also have a risk assessment template that can be adapted for your organisation.
You should involve as many people as you can in developing the risk assessment as it should be comprehensive and should prompt the assessor to identify and evaluate as many risks as possible.
Disclaimer: Please remember that our resources reflect core governance principles and good practice but do not constitute legal advice.
You can download both templates here
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