Page Comparison

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Probability							Risk exposure	Color	Risk priority
		0.05	0.25	0.5	0.75	0.95	0 - 0.75	Green	Low risk
I M P A C T	1	0.05	0.25	0.5	0.75	0.95	0.95 – 2.25	Amber	Moderate risk
	2	0.1	0.0.5	1	1.5	1.9	2.5 – 4.75	Red	Critical risk
	3	0.15	0.75	1.5	2.25	2.85	Prioritization of risks must be done based on Risk Exposure value as follows: If Risk Exposure value is Green (i.e. for Low Risks) Mitigation Plan or Contingency Plan are not obligatory. If Risk Exposure value is Amber (i.e. for Moderate Risks) Mitigation Plan is required, Contingency Plan could be developed but is not obligatory. If Risk Exposure Value is Red (i.e. for Critical Risks) Both Mitigation and Contingency Plans are required.
	4	0.2	1	2	3	3.8
	5	0.25	1.25	2.5	3.75	4.75

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Risk category	Risk source	Risk Description/Summary	Risk Probability	Risk Impact	Risk Exposure	Risk Exposure	Risk status (open/treated)	Risk Treatment Strategy (avoidance/ reduction)	Last Update date	Mitigation Plan (Treatment strategy description)	Assignee	Date of Risk Occurrence	Issue Status	Contingency Plan	Contingency Plan Assignee

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