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The free Risk Matrix Template

A free, ready-to-use 5x5 risk matrix template that plots likelihood against impact, color-codes each risk from low to critical, and gives your team one consistent way to score and prioritize risk.

The short version

What is the Risk Matrix Template?

The Risk Matrix Template is a free 5-by-5 grid that plots likelihood against impact and color-codes each risk from low to critical. It gives a team one consistent, defensible way to score and prioritize risk, with a scoring key that defines every level so two people rate the same risk the same way. Use it on its own, or alongside the risk register template to turn priorities into tracked treatment.

Updated . Free to download, no credit card required.

Free download

Risk Matrix Template

A free, ready-to-use 5x5 risk matrix template that plots likelihood against impact, color-codes each risk from low to critical, and gives your team one consistent way to score and prioritize risk.

  • 5-by-5 likelihood and impact grid, ready to plot
  • Color-coded risk zones: low, medium, high, critical
  • Scoring key with a definition for every level
  • Editable to a 3-by-3 without losing the color logic
  • Pairs with the risk register template for treatment tracking
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No credit card · Updated for 2026 · Instant download

FAQ

Frequently asked questions

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Start a free trial and the same likelihood-and-impact model drives heat maps, top-N risk views, and roll-ups that update on their own, instead of a grid you redraw by hand.

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