Whenever you start or manage a project, it’s important to assess what risks may be involved and determine some mitigation strategies to help your project be successful.
Using a Risk Assessment Matrix helps you to uncover potential issues, determine the impact of those issues and develop mitigation strategies to minimise the impact of those risks.
Learn how to build a Risk Assessment Matrix and download our FREE template to help make this process easier.
Use the risk matrix to understand how a particular issue impacts your business.
High-impact and high-likelihood risks should be prioritise and resolved first.