How to Build a Risk Register
HELP YOUR RISK MANAGERS TO BETTER UNDERSTAND AND TRACK RISKS
Risks are an inherent part of the business environment. Companies face various risks related to their activities daily, and keeping track of those risks can be a difficult task.
With a risk register, risk officers and project managers can more easily monitor and track risk eventualities over the course of a project and are better equipped to mitigate issues as they occur.
Risk registers can be built manually through excel sheets which require frequent updating or dynamically with GRC management software and automated processes.
In this guide, we’ll show you how to build a risk register for your business. We’ll cover:
- Why risk registers are critical to business success
- What risk registers should identify
- How to develop your risk register
- A sample template to help you get started
- And more!