A risk you scored is a risk you can defend. This Excel template pairs a risk register with an automatic probability-by-impact heat map, so every risk on your project has a number, an owner, and a place on the map — the structure PMP-trained reviewers expect to see.

How the matrix works

Each risk gets a probability score and an impact score. The template multiplies them into a rating, colors the heat map cell, and sorts your register so the conversation starts at the top-right corner — the risks that are both likely and expensive. No conditional-formatting surgery required.

What’s inside the template

• A risk register with fields for description, category, owner, response, and status
• An automatic heat map that plots every register entry by probability and impact
• PMI-aligned scoring structure that stands up in formal reviews

How to use it

1. Log each risk with a one-line description and an owner.
2. Score probability and impact on the built-in scale.
3. Bring the heat map to your risk review — it is the agenda.

All our templates run in Microsoft Excel 2010 or later on Windows. They use macros for their built-in automation — when you first open one, click Enable Content in the yellow bar and everything works.

Get the template

Download the Risk Assessment Matrix Template — $6.99, one-time payment, lifetime use, backed by our refund guarantee. It arrives as an instant download with a quick-start guide.

Need more than one template? The Plus Plan includes 150 professional project management templates for $60 — this one and everything around it.