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The risk assessment template in Teamwork gives you a structured way to identify, analyse, and track risks for projects or operations. Instead of scattered notes and one off spreadsheets, you record each risk as a task with clear impact, likelihood, and owner details.
Operations managers, IT managers, and project leaders use this template to keep potential issues visible and to document how they are being managed. You log risks, agree mitigations, and review status over time, which makes reporting and forecasting more reliable.
What does the risk assessment template include in Teamwork?
The risk assessment template includes a dedicated project or list where each risk is captured as its own item. You record a description, impact, likelihood, owner, and current status, then link related tasks that represent mitigation work.
Custom fields help you score and categorise risks by area, type, or severity. Views and filters show you the highest priority risks, recent changes, and items that need review, all in one place.
Who is the risk assessment template designed for?
This template is designed for operations managers, IT managers, project managers, and leadership teams that need a structured approach to risk. It suits organisations that want a clear record of risks and responses instead of informal conversations.
It works for both project level and business wide risk registers. You can track delivery risks, technical risks, compliance issues, vendor concerns, and more in the same format, with different views for each audience.
How does this template help me identify and manage business risks?
The template helps you identify risks by prompting you to describe potential issues, who they affect, and how likely they are. Workshops and reviews feed directly into the risk register so ideas move from discussion into a structured list.
Managing risks becomes easier because each item has an owner, due dates for mitigations, and a clear status. You can see which risks are accepted, which are being actively mitigated, and which have been closed, with a simple history of what was done.
Can I score and prioritise risks in this template?
Yes. You use custom fields or tags to record impact, likelihood, and an overall score. This lets you sort and filter to focus on high risk items first and to separate critical issues from background noise.
You can also group risks by category such as financial, operational, or technical. Combined with scores, this gives you a quick picture of where your exposure is highest and where you are investing mitigation effort.
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