Business Case Risk Assessment: How to Write a Risk Log

Risk assessment is often overlooked in project planning, but it is a crucial element for success. A high-quality and comprehensive risk log, also known as a risk register, can help account for potential risks and gain the trust and support of stakeholders. A risk log should include features such as reference number, risk description, date raised, status, probability, severity, impact, mitigating action, contingency, and owner. Multi-user, cloud-based project management software like Planview AdaptiveWork can help manage important project documents like the risk log.