Professional Documents
Culture Documents
1
Primary School Risk Register
2
3 Guidance
4
5
The register is generic and is intended to promote the consideration of risk. Users are not expected to
6 use every risk, but to consider those that may be applicable to their Project, or where a similar, related
risk may be applicable to their project.
7
8
The identified risks can be used to compile a Strategic Risk Register or a Construction Project Risk
Register.
9
10
The inherent and residual risk columns contain formulae that calculate the risk exposure; the residual
risk exposure should always be no worse that the inherent risk exposure.
11
The financial impact column has been deliberately left blank without any formulae as the financial
12 impact can be calculated in various ways. Applicants should consult with their Professional Advisors in
this respect.
13
14
If the register is used to compile a Construction Project Risk Register, the total of the Financial Impact
should equate to the Project Contingency at any stage of the Project.
15
16 Closed Risks can be moved from the Current Risk worksheet to the Closed Risks worksheet.
17
18 Risk Definitions
19
20 Impact
High = severe impact on a project in terms of time, cost or quality
21 Severe impact on the project strategy, adverse effect on project outcome or operational activities
Major stakeholder concern
Sport England Generic Risk Register v 1.0 Page 1 of 10 (c) Sport England 2011
Risk Register - Current Risks Schedule
Version 0_Apr 17 Category
Risk Categories:
Strategic/Commercial S
Financial/Economic/Market F
Legal and Regulatory L
Organisational/Management/Human Factors O
Political P
Environmental E
Technical/Operational/Infrastructure T
No Date last Risk description Category Owner Manager Inherent Risk Measures in place to Manage Residual risk Financial Further action Status Comments on Status Target Closure
reviewed (Accountable) (Responsible) the Risk Impact k Date
(Estimated)
(Estimated)
(Estimated)
Likelihood
Likelihood
Exposure
Exposure
Exposure
Impact
Impact
Funding applications to other organisations is rejected, risk of
1 1-Apr-17 S Med Low Low Low Low Low New 30-Apr-17
project being unable to proceed
Sport England Generic Risk Register v 1.0 Page 2 of 10 (c) Sport England 2011
No Date last Risk description Category Owner Manager Inherent Risk Measures in place to Manage Residual risk Financial Further action Status Comments on Status Target Closure
reviewed (Accountable) (Responsible) the Risk Impact k Date
(Estimated)
(Estimated)
(Estimated)
Likelihood
Likelihood
Exposure
Exposure
Exposure
Impact
Impact
8 1-Apr-08 Change in customer requirements SRO Project Board med med Med 30-Apr-17
9 1-Apr-08 Non committed stakeholders SRO Project Board med med Med 30-Apr-17
10 1-Apr-08 slow/inadequate stakeholder/user feedback in design process SRO Project Board med high High 30-Apr-17
Sport England Generic Risk Register v 1.0 Page 3 of 10 (c) Sport England 2011
No Date last Risk description Category Owner Manager Inherent Risk Measures in place to Manage Residual risk Financial Further action Status Comments on Status Target Closure
reviewed (Accountable) (Responsible) the Risk Impact k Date
(Estimated)
(Estimated)
(Estimated)
Likelihood
Likelihood
Exposure
Exposure
Exposure
Impact
Impact
Fraud/theft, miss appropriation of funds, risk of reputational
17 1-Jan-10 S Med Med Med Low Low Low New 30-Apr-17
damage, possible legal action, breach of grant conditions
23 1-Jan-17 Interest rate instability, Risk of additional cost and delay. F Med Med Med Low Low Low New 30-Apr-17
Sport England Generic Risk Register v 1.0 Page 4 of 10 (c) Sport England 2011
No Date last Risk description Category Owner Manager Inherent Risk Measures in place to Manage Residual risk Financial Further action Status Comments on Status Target Closure
reviewed (Accountable) (Responsible) the Risk Impact k Date
(Estimated)
(Estimated)
(Estimated)
Likelihood
Likelihood
Exposure
Exposure
Exposure
Impact
Impact
Cost of project increases. Risk of scope creep, post contract
26 1-Jan-17 F Med Med Med Low Low Low New 30-Apr-17
variation, potential for delay and additional cost.
33 1-Jan-17 Failure to monitor or meet KPIs. Risk of funding claw back L Med Med Med Low Low Low New 30-Apr-17
Sport England Generic Risk Register v 1.0 Page 5 of 10 (c) Sport England 2011
No Date last Risk description Category Owner Manager Inherent Risk Measures in place to Manage Residual risk Financial Further action Status Comments on Status Target Closure
reviewed (Accountable) (Responsible) the Risk Impact k Date
(Estimated)
(Estimated)
(Estimated)
Likelihood
Likelihood
Exposure
Exposure
Exposure
Impact
Impact
Failure to comply with non project related legislation, H&S,
35 1-Jan-17 L Med Med Med Low Low Low New 30-Apr-17
Employment, Child protection etc.
40 1-Apr-08 Disputes/claims with out going contractor SRO PM/PPT/Legal med High High Med Med Med 30-Apr-17
41 1-Apr-08 Best value tender significantly above PTE SRO Project Board low Med Low Low Med Low 30-Apr-17
Sport England Generic Risk Register v 1.0 Page 6 of 10 (c) Sport England 2011
No Date last Risk description Category Owner Manager Inherent Risk Measures in place to Manage Residual risk Financial Further action Status Comments on Status Target Closure
reviewed (Accountable) (Responsible) the Risk Impact k Date
(Estimated)
(Estimated)
(Estimated)
Likelihood
Likelihood
Exposure
Exposure
Exposure
Impact
Impact
44 1-Jan-17 Change in rate of vat or other taxation issues L High Med High High Low Med New 30-Apr-17
Sport England Generic Risk Register v 1.0 Page 7 of 10 (c) Sport England 2011
No Date last Risk description Category Owner Manager Inherent Risk Measures in place to Manage Residual risk Financial Further action Status Comments on Status Target Closure
reviewed (Accountable) (Responsible) the Risk Impact k Date
(Estimated)
(Estimated)
(Estimated)
Likelihood
Likelihood
Exposure
Exposure
Exposure
Impact
Impact
Supplier Insolvency (consultants/contractors). Project
93 1-Jan-17 stopped, legal costs, significant additional cost, risk of S/F Med Med Med Low Low Low New 30-Apr-17
cancellation.
Sport England Generic Risk Register v 1.0 Page 8 of 10 (c) Sport England 2011
Risk Register
Closed Risks Schedule
No Date last Risk description Category Owner Manager Inherent Risk Measures in place Residual risk Financial Status Comment on Target Closure
reviewed to Manage the Impact k Status Date
Target Closure Date Impact Likelihood Exposure Risk
Exposure Impact Likelihood Exposure (Estimated) (Estimated)
Sport England Generic Risk Register v 1.0 Page 9 of 10 (c) Sport England 2011
High
Med
Low
New
Same
Better
Worse
Closed