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Governance, Risk, Audit & Privacy · Foundational

Risk Register

Central record of identified risks with their analysis, owners, treatment, and status.

Definition

A risk register (risk log) typically captures risk description, category, cause and consequence, likelihood, impact, inherent and residual ratings, owner, treatment plan, due dates, and status. It is a living document used for monitoring and reporting. GRC platforms often host the register and link it to controls and issues.

Example

Entry R-017 records third-party data breach risk, owner the CPO, residual rating medium, review date March.

Exam tip

The risk register is a key input for risk reporting and for project risk management on PMP and PMI-RMP.

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