-  - [Resources](https://www.hubspot.com/resources) - [Templates](https://www.hubspot.com/resources/templates) - Risk Assessment Template # Risk Assessment Template - Word, PDF, Excel Ensure your business is protected and avoid unnecessary risks with our free template!    Join thousands of professionals using this resource. Download for Free Previous slide Next slide -  -  -  -  -  ## Template Highlights - Company name, person conducting risk assessment, date of the risk assessment conductedRisk type: Financial, operational, reputational, human safety, other - Risk description - Source of risk - Risk matrix and severity level - Actions to minimize risk - Approving official - Comments ### What is a risk assessment template? A risk assessment template is a tool used to examine various risks (e.g., financial, human safety) based on severity and probability. In a risk assessment, actions are proposed to reduce or eliminate certain risks.  A safety risk assessment might cover trips and falls in the workplace, whereas a project risk assessment could examine operational challenges like cost overruns and missed deadlines.  ### What does this risk assessment template include? Our template includes the following: ## Benefits of a risk assessment for your business A risk assessment template can serve as the blueprint for evaluating potential risks and offers many advantages for your business, including: ### Awareness Risk assessment promotes awareness of risks within an organization and may increase compliance with risk reduction activities.  ### Measurement Risk assessment helps you determine the likelihood and severity of risks. This lets you better target the most important risks. ### Results Conducting a thorough risk assessment can help you address potential risks proactively. This way, you can better prevent or minimize any resulting impact or damage stemming from those risks.    Download for Free ## Frequently Asked Questions ### How do I download the free risk assessment template? Just enter some contact details like your name and email. After that, you’re ready to go.  ### How do I use the risk assessment matrix? You can multiply the risk likelihood value by the risk consequences value or simply follow the chart. The color coding helps you identify risk levels easily.  ### Related Tags: - [Templates](https://www.hubspot.com/resources/templates) - [Word](https://www.hubspot.com/resources/templates/word) - [PDF](https://www.hubspot.com/resources/templates/pdf) - [Excel](https://www.hubspot.com/resources/templates/excel) - [Startup](https://www.hubspot.com/resources/templates/startups) - [Business](https://www.hubspot.com/resources/templates/business) ## See other Business Templates Previous Next - ### Business Requirement Document Your go-to template for clear and effective business requirement documents [Download Template](https://www.hubspot.com/resources/templates/business-requirement-document-template) - ### Risk Register Template Every good project manager knows the importance of assessing and mitigating project risks. This risk register template will help you document and develop actions to respond to risks. 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[Download Template](https://www.hubspot.com/resources/templates/decision-tree) - ### Market Analysis Template Use this market analysis template to organize your research on a market segment. [Download Template](https://www.hubspot.com/resources/templates/market-analysis) [See All Business Templates](https://www.hubspot.com/resources/templates) Get the template for free! Download for Free Close ## Download Free Template Available for Word & PDF & Excel Form not available Copyright © 2026 HubSpot, Inc. - [Legal Center](https://legal.hubspot.com/legal-center) - [Privacy Policy](https://legal.hubspot.com/privacy-policy) - [Security](https://legal.hubspot.com/security) - [Website Accessibility](https://legal.hubspot.com/website-accessibility) - [Manage Cookies](https://www.hubspot.com)