Co-Founder & ERM Practitioner
An enterprise risk management practitioner with experience across healthcare, public sector, and regulated environments. Phumi focuses on translating ERM frameworks into practical, decision-relevant processes.
Core Template
Risk Register Template
A comprehensive Excel template for identifying, tracking, and managing organizational risks. Includes risk scoring, categorization, ownership assignment, and control linkages — all in one structured spreadsheet.
PowerPoint Preview
What's Included
framework
Risk Identification
Structured fields for risk ID, title, description, category, and root cause
matrix
Risk Scoring
Likelihood and impact assessment with automatic risk score calculation
process
Ownership & Status
Assign risk owners, track status, and set review dates
dashboard
Control Linkages
Link existing controls and track residual risk after treatment
Detailed Field Reference
Every column in the risk register sheet, explained.
Risk ID
Unique identifier (e.g. R-001) for traceability across reports and audits.
Risk Title
Short, descriptive name that makes the risk immediately recognisable.
Description
Detailed explanation of the risk event, including potential causes and consequences.
Category
Classification (Strategic, Operational, Financial, Compliance) for filtering and reporting.
Root Cause
The underlying driver of the risk — helps target controls at the source.
Likelihood (1-5)
Probability of occurrence based on the scoring guide: 1 = Rare, 5 = Almost Certain.
Impact (1-5)
Severity if the risk materialises: 1 = Insignificant, 5 = Catastrophic.
Inherent Risk Score
Auto-calculated (Likelihood x Impact) before controls. Colour-coded by severity.
Controls in Place
Existing preventive, detective, or corrective controls that mitigate this risk.
Residual Risk Score
Risk remaining after controls. The gap from inherent shows control effectiveness.
Risk Owner
The person accountable for monitoring and managing this risk.
Treatment Actions
Planned actions to further reduce, transfer, avoid, or accept the risk.
Status
Current state: Open, In Treatment, Monitoring, Closed, or Accepted.
Review Date
Next scheduled review date to ensure the risk assessment stays current.
Dimeri Template vs Basic Excel Spreadsheet
What you get with a purpose-built template versus starting from scratch.
| Capability | Dimeri Template | Blank Excel |
|---|---|---|
| Pre-built risk scoring formulas | Yes | No |
| Conditional formatting by severity | Yes | No |
| Visual risk heat map | Yes | No |
| Predefined risk categories | Yes | No |
| Dashboard with summary charts | Yes | No |
| Action tracker tab | Yes | No |
| Scoring guide with examples | Yes | No |
| Inherent + residual risk tracking | Yes | No |
| Ready to use immediately | Yes | No |
| Customisable to your organisation | Yes | Yes |
| Free to download | Yes | Yes |
How to Use This Template
Get started in five steps.
1
Download and open
Download the .xlsx file and open it in Excel, Google Sheets, or any compatible application. Review the Scoring Guide tab first to understand the rating scales.
2
Customise categories
Edit the Risk Categories tab to match your organisation's taxonomy. Add or rename categories like Technology, Reputational, Environmental, or HSE depending on your industry.
3
Identify and log risks
Work through each business unit or process. For each risk, fill in the ID, title, description, category, and root cause. Be specific — vague descriptions lead to vague responses.
4
Score and prioritise
Use the Scoring Guide to rate likelihood and impact for each risk. The inherent risk score calculates automatically. Then document your controls and enter the residual risk score.
5
Assign owners and review
Assign a risk owner to every risk. Set review dates (quarterly recommended for most risks). Use the Dashboard tab to monitor your risk profile at a glance.
Want to go deeper? Read our complete guide to creating a risk register or learn how to score risk likelihood and impact.
Best Used For
Ideal scenarios for this template
Enterprise Risk Teams
Centralize all organizational risks in one structured format
Risk Workshops
Capture identified risks during facilitated sessions
Project Risk Management
Track project-specific risks and their treatment plans
Audit Preparation
Document risk management for internal and external audits
Board Reporting
Generate risk summaries and reports for senior leadership
Ongoing Monitoring
Regular risk review and status updates
Frequently Asked Questions
Automate Your Risk Register
While spreadsheets work, Dimeri transforms your risk register into a live system with AI-powered risk identification, automated scoring, and real-time reporting.
