Workamajig Templates

Project Risk Assessment Template

Written by Workamajig Team | Nov 26, 2025 5:02:22 PM

Download Our Free Project Risk Assessment Template

Download our free Project Risk Assessment template for Excel and Google Sheets here. It includes automated formulas to calculate a risk score, based on risk probability and risk impact. 

 

What is a Project Risk Assessment?

Project Risk Assessment is a process of minimizing the risks that could affect a project. Ideally, extreme risks are removed altogether, while lower risks are mitigated with backup plans. 

It’s a crucial pillar of project management and helps ensure a project is completed within time and budget limits. 

You can read our full guide on Project Risk Assessments here.