# Risk: [Short Title] ## Identification - **ID**: RISK-[NNNN] - **Identified By**: [Agent or person] - **Date Identified**: [Date] - **Category**: [Technical | Design | Schedule | Resource | External | Quality] ## Assessment - **Probability**: [Very Low | Low | Medium | High | Very High] - **Impact**: [Minimal | Minor | Moderate | Major | Critical] - **Risk Score**: [Probability x Impact = Low / Medium / High / Critical] ## Description [Detailed description of the risk. What could go wrong? Under what conditions?] ## Trigger Conditions [What observable conditions would indicate this risk is materializing?] - [Condition 1] - [Condition 2] ## Impact Analysis ### If This Risk Materializes - **Schedule Impact**: [How many days/weeks of delay] - **Quality Impact**: [What quality degradation] - **Scope Impact**: [What features affected] - **Cost Impact**: [Resource cost of dealing with it] ### Affected Systems/Features - [System 1] - [System 2] ## Mitigation Strategy ### Prevention (reduce probability) - [Action to prevent this risk from occurring] - [Owner and deadline for prevention action] ### Contingency (reduce impact if it occurs) - [Action to take if this risk materializes] - [Owner responsible for contingency execution] ## Current Status - **Status**: [Open | Mitigating | Occurred | Closed] - **Last Reviewed**: [Date] - **Trend**: [Increasing | Stable | Decreasing] - **Notes**: [Any updates]