Risk Inventory Exercise Template (Excel XLS)

Conducting Risk Inventory is a process of identifying, analyzing, and documenting the potential risks that an organization, project, or system faces. It is typically conducted as a structured exercise, in which a team of experts or stakeholders works together to identify and assess the risks that the organization or project is facing.

The goal of the Risk Inventory Exercise is to create a comprehensive list of potential risks and to understand the likelihood and impact of each risk. This information can then be used to prioritize risks and to develop strategies for mitigating or eliminating those risks.

The Risk Inventory Exercise template is an Excel workbook, where the experts or stakeholders can select risk types (according to the Basel II risk categories) that the business processes are exposed to. In the workbook, there are 45 example processes identified across the 7 Basel II event types:

•  Internal Fraud
•  External Fraud
•  Employment Practices & Workplace Safety
•  Client Products & Business Practices
•  Damage To Physical Assets
•  Business Disruption & System Failures
•  Execution, Delivery & Process Management

This Risk Inventory template is built in Excel and is completely customizable.