Energy Industry Legal Risk Management Template

More compliance templates

Effectively prioritize and manage potential legal risks in the energy industry using this detailed risk management template. This project-based approach helps you identify, evaluate, and mitigate legal risks, ensuring compliance and minimizing potential liabilities.

With tasks ranging from risk identification to developing mitigation strategies and training teams, this template provides a structured path to robust legal risk management in the energy sector.

Get this template on priority matrix

Energy Industry Legal Risk Management for Priority Matrix

Energy Industry Legal Risk Management in Priority Matrix

Manage and mitigate legal risks in the energy sector with this comprehensive risk management template.

You can start using Energy Industry Legal Risk Management or other Compliance Project Templates with Priority Matrix in just a few steps:

  1. Click to sign in or create an account in the system
  2. Start adding your items to the matrix
  3. If you prefer to use the Mac and Windows app download Priority Matrix and take your data with you
If you have any questions and you can't find the answer in our knowledge base, don't hesitate to contact us for help.


Proposed Tasks

High Impact, Urgent

  • Identify Potential Legal Risks - due in 1 week
    ☐ Review industry regulations ☐ Analyze current company practices ☐ Consult with legal team
  • Prioritize Legal Risks - due in 3 weeks
    ☐ Rank risks based on evaluation results ☐ Identify top priority risks
  • Implement Mitigation Strategies - due in 1.5 months
    ☐ Create implementation plan ☐ Communicate plan to relevant teams ☐ Monitor implementation progress
  • Train Teams on Risk Management - due in 3.5 months
    ☐ Develop training materials ☐ Conduct training sessions ☐ Answer team questions

High Impact, Not Urgent

  • Evaluate Identified Risks - due in 2 weeks
    ☐ Assess likelihood of each risk ☐ Determine potential impact of each risk
  • Develop Mitigation Strategies - due in 1 month
    ☐ Brainstorm potential strategies ☐ Evaluate effectiveness of each strategy ☐ Select most effective strategies
  • Update Mitigation Strategies - due in 3 months
    ☐ Review effectiveness of current strategies ☐ Identify areas for improvement ☐ Implement improvements

Low Impact, Urgent

  • Review Legal Risks - due in 2.5 months
    ☐ Review new legal developments ☐ Update risk identification and prioritization

Low Impact, Not Urgent

  • Track Legal Risks - due in 2 months
    ☐ Establish risk tracking system ☐ Regularly update risk information ☐ Review mitigation strategy effectiveness
  • Regular Risk Reviews - due in 4 months
    ☐ Schedule regular risk reviews ☐ Conduct reviews ☐ Update risk information