Risk Inventory

What is Risk Inventory?

A Risk Inventory is a comprehensive and organized list of all identified risks that could potentially impact an organization. It serves as a central repository for tracking risks across different departments, projects, or business units, allowing for better visibility, control, and risk decision-making.

It includes key information such as the risk category, source, likelihood, impact, ownership, and current status. A well-maintained risk inventory ensures that no critical risk goes unnoticed or unmanaged.

Purpose of a Risk Inventory

• To catalog all known risks in one place

• To support risk assessments, audits, and reporting

• To identify risk overlaps, interdependencies, and trends

• To enable prioritization and resource allocation

• To provide a historical reference for future planning and mitigation

What a Risk Inventory Typically Includes:

• Risk Name & Description

• Risk Category (e.g., Financial, Operational, Strategic)

• Risk Owner

• Probability & Impact Score

• Risk Status (Active, Mitigated, Emerging)

• Mitigation Strategies

• Review Dates & Updates

How SysRisk Enhances Risk Inventory Management

SysRisk transforms traditional risk inventories into powerful digital tools with:

✅ Centralized Risk Register – Capture and organize risks across all functions
✅ Custom Fields & Tags – Tailor your inventory to your industry and priorities
✅ Collaborative Input – Allow cross-functional teams to contribute in real time
✅ Automated Updates & Alerts – Keep your inventory accurate and current
✅ Dynamic Reports & Dashboards – Visualize your risk landscape at a glance

With SysRisk, your risk inventory becomes more than just a list—it becomes a strategic asset, helping you track, manage, and mitigate risk across the enterprise with confidence and clarity.