Risk Register
A structured repository that records all identified risks along with their assessments, treatment decisions, owners, and review status. The risk register is the central artifact of any risk management program.
Why it matters
A risk register transforms risk management from an occasional exercise into a living practice. Without one, risks are discussed in meetings and forgotten afterward. The register creates accountability by assigning owners, visibility by tracking status, and continuity by preserving assessment history. Auditors treat the risk register as primary evidence that your organization systematically manages risk rather than reacting to incidents.
In practice
Each entry in a risk register captures the risk description, category, likelihood and impact ratings, current treatment strategy, responsible owner, linked controls, and next review date. The register is reviewed regularly and updated as the threat landscape changes. In vucavoid, the risk register is dynamic: each risk carries a full assessment history, links to treatment plans and controls, and feeds the VUCA score. Overdue reviews and stale assessments are automatically flagged.