Risk / Impact Matrix

High IMPACT
Tick Find ways to reduce impact
Tick Avoid
LOW IMPACT
Tick Accept and monitor
Tick Find ways to reduce or transfer risk
LOW RISK High RISK

Use this model when:

  1. You're evaluating the risks associated with potential actionable initiatives when creating a strategy implementation plan.
  2. You want to know how to treat an initiative based on its risk profile.
  3. You want a way to classify initiatives based on their risk profiles.