A table showing the risk scoring matrix. The severity or impact rating is measured on a scale of 1 to 5. 1 is insignificant, 2 is minor, 3 is moderate, 4 is major and 5 is catastrophic. Likelihood is measured on a scale of 1 to 5. 1 is rare (1 out of 100,000 chance), 2 is unlikely (1 out of 10,000 chance), 3 is possible (1 out of 1,000 chance), 4 is likely (1 out of 100 chance) and 5 is almost certain (1 out of 10 chance), The risk score is determined by multiplying the severity rating by the likelihood. 1 is the lowest possible risk score (insignificant severity of 1 multiplied by rare likelihood of 1). 25 is the highest possible risk score (catastrophic severity of 5 multiplied by almost certain likelihood of 5). A risk score of 1 to 5 is considered very low. A risk score of 6 to 8 is considered low. A risk score of 9 to 15 is considered moderate. A risk score of 16 to 25 is considered high.

Severity/impact rating
Likelihood 1Insignificant 2Minor 3Moderate 4Major 5Catastrophic
5 – Almost Certain 1/10 5 – very low risk 10 – moderate risk 15 – moderate risk 20 – high risk 25 – high risk
4 – Likely 1/100 4 – very low risk 8 – low risk 12 – moderate risk 16 – high risk 20 – high risk
3 – Possible 1/1,000 3 – very low risk 6 – low risk 9 – moderate risk 12 – moderate risk 15 – moderate risk
2 – Unlikely 1/10,000 2 – very low risk 4 – very low risk 6 – low risk 8 – low risk 10 – moderate risk
1 – Rare 1/100,000 1 – very low risk 2 – very low risk 3 – very low risk 4 – very low risk 5 – very low risk

Risk

  • Very low
  • Low
  • Moderate
  • High