Develop a Risk Matrix for effective project planning

Risk Matrix helps you identify and prioritize various risks by estimating the probability of their occurrence and the severity of impact if they occur
Business Analysis/Strategy
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What is Risk Matrix?

Risk Matrix is a management tool that lets you magnify the visibility of possible risks in order to help managers with their decision making.

What can a Risk Matrix do for you?

Risk Matrix has been widely adopted by many businesses because it’s a practical and easy-to-use tool that helps most organizations, in most situations, to promote robust discussions, achieve more consistency in risk prioritization, facilitate risk workshops, focus on the highest priority risks, and present complex risk data in a visual chart.

Why you should use RealtimeBoard to create a Risk Matrix:
  • Flexible templates let you add and remove elements, change colors and shapes, and resize and move elements to make your collaboration processes align with your goals.
  • You can add sticky notes, post comments, mention teammates, and use the chat function to communicate and get fast feedback.
  • You can prepare meetings by creating presentations together with your team, right on the board. Download it in .JPG or .PDF if needed.
  • You can share real-time access with all stakeholders, keeping everyone on the same page and making collaboration visual and engaging.
Tip: If you already have a Risk Matrix in your spreadsheets or Excel, just copy and paste it on the board and all cells will be displayed as sticky notes.
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You can start making your Risk Matrix now with RealtimeBoard.
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Simple
Simple
When you open a new board in RealtimeBoard, you have instant access to a dynamic toolbox. Our clean, inviting interface takes the complexity out of collaboration. In just minutes you'll have a professional Risk Matrix that's ready to share.
Collaborative
Collaborative
Get more work done by sharing the board with colleagues, clients or friends. Collaborate in real-time and see all the changes instantly, or work across continents and time zones while still staying on the same page.
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Ready to be used
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