The Risk Management Worksheet provides a tool for contingency planning and monitoring risk over time. In the Risk Management Worksheet, each source of risk is considered on an enterprise-by-enterprise basis, challenging management to consider the potential risk exposure each enterprise represents to the business and various methods and plans for addressing those risks. A risk checkbox column provides a place to note priority risks and/or enterprise advantages.
The lower portion of the Risk Management Worksheet offers a place to consider the strengths, weaknesses, opportunities, and threats posed by each enterprise to the operation as a whole.
Completing a Risk Management Worksheet and keeping it up-to-date over time provides management with information on how risk management plans are evolving and how they may need to adjust to meet the challenges posed by changing conditions.