Risk Assessment and Prioritization Project Template

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Effectively manage public safety risks by assessing potential threats and prioritizing them based on their severity and likelihood using the Priority Matrix. This template provides a structured approach to identify, evaluate, and prioritize risks, ensuring that the most critical risks are addressed first.

By following this template, Risk Managers can systematically develop and implement response strategies, monitor ongoing risks, and report on risk management activities, enhancing overall public safety.

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Risk Assessment and Prioritization Project for Priority Matrix

Risk Assessment and Prioritization Project in Priority Matrix

Assess and prioritize public safety risks to focus on the most severe and likely threats.

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Proposed Tasks

High Impact, Immediate

  • Identify Potential Risks due in 1 week
    ☐ Subtask1 List all possible risks that could affect public safety. ☐ Subtask2 Categorize them based on their nature and potential impact.
  • Risk Assessment due in 2 weeks
    ☐ Subtask1 Analyze the identified risks. ☐ Subtask2 Evaluate their potential impact and likelihood of occurrence.

High Impact, Future

  • Establish Risk Thresholds due in 3 weeks
    ☐ Subtask1 Define thresholds for each risk category. ☐ Subtask2 Determine the acceptable level of risk.
  • Risk Prioritization due in 1 month
    ☐ Subtask1 Prioritize risks based on their impact and likelihood. ☐ Subtask2 Assign resources to manage high-priority risks.

Low Impact, Immediate

  • Develop Risk Response Strategies due in 5 weeks
    ☐ Subtask1 Create strategies to mitigate high-priority risks. ☐ Subtask2 Prepare contingency plans for low-priority risks.
  • Implement Risk Response Strategies due in 6 weeks
    ☐ Subtask1 Implement strategies for high-priority risks. ☐ Subtask2 Monitor the effectiveness of the strategies.

Low Impact, Future

  • Risk Monitoring and Review due in 2 months
    ☐ Subtask1 Regularly monitor and review the risk environment. ☐ Subtask2 Update risk assessment and response strategies as necessary.
  • Risk Reporting due in 2.5 months
    ☐ Subtask1 Prepare and present risk reports to stakeholders. ☐ Subtask2 Discuss future risk management strategies.