Risk Assessment Matrix

Evaluate and prioritize risks using an interactive 5×5 heat map. Click any cell to add a risk, or manage entries manually.

No risk entries yet.
Click a matrix cell or the button above to add one.

Risk Summary
0risks

Click cells in the matrix below to start evaluating risks.

Risk Matrix(click a cell to add a risk)

Probability →
Very High
High
Medium
Low
Very Low
Very LowLowMediumHighVery High

Impact →

Low(1–4)
Medium(5–9)
High(10–15)
Critical(16–25)
Documentation

How It Works

A Risk Assessment Matrix evaluates risks by combining two dimensions: Probability (how likely is it to happen?) and Impact (how severe would it be?).

The resulting score prioritises which risks need immediate action versus which can be monitored.

Formula

Risk Score = Probability × Impact

Score Thresholds

LowScore 1–4
MediumScore 5–9
HighScore 10–15
CriticalScore 16–25

Best Practices

  • • Involve stakeholders when assigning probability and impact ratings.
  • • Review your matrix regularly — risk landscapes change over time.
  • • Focus mitigation efforts on Critical and High risks first.
  • • Export and archive snapshots to track risk changes over time.

Last Updated: February 2026

Disclaimer: This tool is for informational and planning purposes only. Results depend on the accuracy of your input ratings.

How to Use

About the Risk Assessment Matrix

What it calculates

This risk assessment matrix supports agile planning, prioritization, capacity forecasting, and team health tracking. Evaluate and prioritize risks visually with an interactive 5×5 heat map matrix.

When to use it

Use when planning sprints, estimating delivery dates, or improving team workflows.

Example

Adjust the inputs above to model your specific scenario with the Risk Assessment Matrix.

Explore More

Related Calculators

Decision Matrix

Evaluate multiple options against weighted criteria for data-driven decisions.

Eisenhower Matrix

Prioritize tasks into Do First, Schedule, Delegate, and Eliminate quadrants using the Eisenhower Decision Matrix.

MoSCoW Prioritizer

Drag-and-drop task prioritization using Must Have, Should Have, Could Have, Won't Have.

RACI Matrix Builder

Build, validate, and export RACI matrices to clarify team roles and responsibilities.

Workload Balancer

Assign tasks, visualize utilization, and identify overloaded or under-capacity team members.

Skills Matrix Builder

Map team skills and proficiency levels, identify gaps, and calculate coverage scores.