Risk matrix

Slide Content

The slide introduces the Risk matrix, a tool used in project management to appraise risks by considering their severity and the probability of occurrence. Severity refers to the potential impact a risk would have if it materialized, while likelihood pertains to the chance of the risk actually happening. The slide indicates that there are multiple versions of the matrix, showcasing examples in the form of a 2x2, 3x3, and a 5x5 matrix, each providing a more detailed assessment framework based on the number of severity and likelihood levels examined.

Graphical Look

• The title "Risk matrix" is in a large, bold font centered at the top of the slide.
• A teal arrow-shaped banner points towards the title from the left margin.
• The main content is displayed on a pale yellow background, with text in a dark, readable font.
• The risk matrix versions (2x2, 3x3, 5x5) are illustrated as a collection of squares with different shading and patterns, implying categorization by risk levels.
• Orange and green shades are used within the matrices, potentially signifying different risk levels or gradations.
• The overall layout is balanced, with the text occupying the top half and graphical matrices featured on the lower half.

The slide is visually clear and informative, with the graphical elements effectively complementing the textual content. The color scheme is simple but engaging, aiding in distinguishing the various sections of the matrices.

Use Cases

• During project planning to assess potential risks and prepare mitigation strategies.
• In project management training to illustrate risk evaluation techniques.
• As part of a stakeholder presentation to communicate the risk management approach.
• Within project status updates to review and update on risk assessment and priority.