Risk Management Self-Assessment Form
Risk Management Self-Assessment Form
Use this form to assess your organization’s current risk management practices and identify potential areas for improvement.
Organization Details
Organization Name
Industry
Risk Manager Name
Phone Number
Risk Management Checklist
1. Risk Identification
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All potential risks (financial, operational, reputational) are identified
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Risks are documented and regularly reviewed
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Key risks are aligned with business objectives
Unidentified or overlooked risks
2. Risk Assessment
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Risks are assessed for likelihood and impact
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Risk assessment process is consistent and thorough
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High-risk areas are prioritized for action
Gaps in risk assessment process
3. Risk Mitigation
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Effective strategies are in place to mitigate high-priority risks
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Risk mitigation strategies are regularly reviewed and updated
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Resources are allocated to manage critical risks
Areas requiring additional mitigation
4. Risk Monitoring
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Regular monitoring of risks and risk management strategies
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Clear metrics to evaluate the effectiveness of mitigation efforts
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Employees are trained to identify and report risks
Monitoring challenges
5. Risk Communication
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Clear communication of risk management policies to all employees
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Risks and mitigation strategies are communicated to stakeholders
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Crisis communication plan is in place and up to date
Communication gaps identified
6. Business Continuity & Recovery
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A business continuity plan is established
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Emergency response and recovery procedures are documented
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Key personnel are trained in crisis management
Business continuity plan gaps
7. Compliance & Legal
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Organization complies with relevant regulations and laws
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Legal risks are identified and managed
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Compliance audits are conducted regularly
Legal or compliance concerns
Action Items
List any risks or mitigation actions needed.
Risk Management Rating Scale
Rate your organization’s overall risk management practices.
Assessment Form Templates @ Template.net
