Step 4 - Final Risk Rating
In Step 4 you rate the risk again, this time assuming your control measures are in place. Your initial rating from Step 2 is shown at the top so you can compare.
Rate it the same way as Step 2: choose a Likelihood and a Severity. The final rating should be lower than the initial one. If it isn't, go back to Step 3 and consider what else you could do.
- Draft: turn on if the risk assessment isn't finished yet. Draft risk assessments are left out of the export unless you choose to include them.
- Add Review Date: turn on and set the date the risk assessment should be reviewed (see below).
- Save & Finish saves and returns to the plan. Save & Next Assessment saves and opens the next risk assessment.
When you save, you'll see "Risk assessment completed successfully".
Things to think about
Even with good controls, consider what happens if something does go wrong. Make sure first aid, emergency procedures and access for the emergency services are covered elsewhere in your plan.
Review date
Review risk assessments at least every 12 months, and sooner for higher-risk activities. Also review one whenever you reuse it on a new project, or when something changes. Admins can see assessments that are due for review under Team Tools → Review Risk Assessments. See Risk Assessment Review.