Interactive Risk Matrix
This interactive risk matrix visualizes the relationship between likelihood and impact severity for each identified risk factor. The position of each risk on the matrix indicates its overall priority level, with risks in the upper-right quadrant representing the highest priorities for mitigation efforts.
Hover over each risk bubble to see details, and click to navigate to the full risk description.
Legend
Understanding the Risk Matrix
The risk matrix is a visual tool that helps prioritize risks based on two key dimensions:
Likelihood
This axis represents the probability of the risk occurring within the next five years:
- Low: 0-30% probability
- Medium: 30-60% probability
- High: 60-90% probability
- Very High: 90-100% probability
Impact Severity
This axis represents the potential consequences if the risk materializes:
- Low: Minor disruptions, easily managed with existing resources
- Medium: Significant disruptions requiring additional resources to address
- High: Major disruptions affecting production capacity and business operations
- Severe: Critical disruptions threatening business continuity and market position
Risk Priority
The combination of likelihood and impact determines the overall priority level:
- Low Priority (Green): Monitor these risks but focus resources elsewhere
- Medium Priority (Yellow): Develop contingency plans and monitor closely
- High Priority (Orange): Implement specific mitigation strategies
- Critical Priority (Red): Immediate action required to mitigate these risks