The PMBOK doesn’t specify templates, just the process that needs to be followed. In risk management, the PM should: 1) identify risks (see section 11.1 of the PMBOK), 2) quantify risk (section 11.2), and 3) develop risk responses (section 11.3). The template I developed can be used for all 3 steps – it was developed keeping the PMBOK process in mind. PMBOK specifies different techniques that can be used for each of the steps – based on what your organization uses, this template can assist, but you may also need to supplement it with other tools. For example, one technique for risk response is to obtain insurance – while you could use my template to note that the response to a specific risk is mitigated by insurance, you wouldn’t be able to use it to estimate the cost of the insurance.

Hope this helps!

I have been asked to create a risk register that must follow the requirements of the Fourth Edition of the PMBOK guide published by the Project Management Institute (ANSI / PMI Standard 99-001-2008). I don’t have access to the official publications, can you tell me how closely your template follows this source?

Thank you!

1) If you are using Excel 2010 you could utilize Color Scales conditional formatting.
2) This article describes using ASAP Utilities to generate heapmaps. I’ve used ASAP before for other functions and can highly recommend it.
3) This article explains doing heatmaps with and without VBA.

Hope that helps!

Thanks.

Hope you find it useful.

This is great, would I be OK to use this (slightly amended) and the related Risk Management Plan at my place of work please, I work for a company producing accounting software.

Also, could you clarify the non-commercial use please, does that mean that you cannot use it in a commercial organisation without permission or does it mean that you cannot use it for commercial gain.

Thanks