Risk Matrix

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nicolablair4009
Risk Matrix

Hello,

I was wondering if anyone would mind sharing their Risk Matrix with me please?

Thanks

vanessahiggins3325
Happy to share our matrix

Happy to share our matrix which includes threats and opportunities. Message me with your email address.

nicolablair4009
Hi Vanessa

Hi Vanessa

Thank you for replying. My email is nicola_blair@slc.co.uk.

Regards,

Nicola

karenjamieson4017
Risk Matrix / scoring

Hi
I was wondering if anyone uses a methodology in their risk scoring/matrix that isn't multiplying likelihood/probability x Impact?

We currently use a (6)L x (4)I matrix which I'm considering changing. I'm looking to change from multiplying to prevent the risk that potentially catastrophic events are overlooked just because they multiply to a "low" likelihood on the matrix.

Thanks

pampursley3590
Risk Matrix

Hi Karen
I have a 5x5 matrix, I do multiply Likelihood x Impact but get around the problem of those risks that would come out low by using colour and attaching a review period to match. So a 2L x4I (8) which most people would express as "Low"(green), I have as "medium"(yellow) with a quarterly review. The 1Lx5I(5) results in a "High"(orange) result with a monthly review. Can send you a copy if you wish.

karenjamieson4017
Risk Matrix

Thanks for taking the time to respond, it sounds very similar to what I am using. Our medium (yellow) starts at 8 also, but because we use a 6x4 we could potentially still have a catastrophic risk being scored as a low (green) 4 :-(

pampursley3590
Risk Matrix

Happy to share Nicola, let me have your email address

nicolablair4009
Hi Pam

Hi Pam

Thank you for replying. My email is nicola_blair@slc.co.uk.

Regards,

Nicola

karenlocke3542
Hi Nicola, happy to share our

Hi Nicola, happy to share our risk matrix with you if you want to email me: Karen.Locke@renfrewshire.gov.uk

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