tradedocs

Risk matrix chart

Read the likelihood down the side and the consequence across the top. This page is a reference chart, not a form — nothing on it is editable.

Likelihood \ ConsequenceInsignificantMinorModerateMajorCatastrophic
Almost certainMediumHighHighExtremeExtreme
LikelyMediumMediumHighHighExtreme
PossibleLowMediumMediumHighHigh
UnlikelyLowLowMediumMediumHigh
RareLowLowLowMediumHigh

What each rating means

RatingSuggested response
ExtremeStop the task. Do not proceed until the risk is reduced.
HighNeeds senior sign-off and additional controls before work starts.
MediumManage with documented controls and monitor the task.
LowManage with routine controls and normal supervision.