How does the Business Risk Matrix Work?

Our Business Risk Matrix plots the residual risk scores of your risk records

This helps you effectively manage business risks across your premises and can help to easily identify high risk concerns and monitor the impact of your control measures.

The matrix plots the residual risk scores for your risk records, giving you an overall picture of the levels of risk in your organisation.

Any risk record with an overdue review will revert to its potential impact risk score and you should plan to re-assess the effectiveness of your current control measures as soon as possible. Overdue records will be indicated on the risk matrix by a red triangle in the cell containing the assessment.

The higher the risk score, the greater the potential impact of the assessed risk. You should be aiming to minimise risk where possible to protect your business from harm by the application of appropriate control measures such as provision of training or equipment.