Initial Risk Register

A master document, compiled upon completion of a risk management plan, which records identified risks, their severities, and the action steps to be taken. The document can take several forms, though the most effective format is a table – risk register tables can present a great amount of information in just a couple of pages. To project stakeholders, Initial risk registers confirm that risks are being addressed and dealt with. Risk registers collect information that identifies baseline supply chain risks at the global and regional levels. The most effective risk registers include the following: • Risk identification dates • Target and completion dates • Risk descriptions • Risk types/classification • Likelihood of occurrence.