Risk Assessment Matrix Template
Template for Risk Assessment Matrix. Customize this template for your specific needs.
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Document: Risk Assessment Matrix
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Version 1 • Last updated 7/30/2026
Risk Assessment Matrix
Business Name: [BUSINESS NAME] Date of Assessment: [DATE] Assessor Name: [ASSESSOR NAME] Location/Worksite: [LOCATION]
Risk Rating Key
| Likelihood | Description | Consequence | Description | Risk Score | Risk Rating |
|---|---|---|---|---|---|
| 1 | Rare | 1 | Insignificant | 1-2 | Low |
| 2 | Unlikely | 2 | Minor | 3-6 | Medium |
| 3 | Possible | 3 | Moderate | 8-12 | High |
| 4 | Likely | 4 | Major | 16-25 | Extreme |
| 5 | Certain | 5 | Catastrophic |
Hazard Assessment Table
| Hazard Description | Who is at risk? | Likelihood (1-5) | Consequence (1-5) | Risk Score | Initial Risk Rating | Control Measures (Hierarchy of Control) | Residual Likelihood | Residual Consequence | Residual Risk Score | Residual Risk Rating |
|---|---|---|---|---|---|---|---|---|---|---|
| [EXAMPLE: Use of angle grinder] | Workers, Public | [SCORE] | [SCORE] | [CALCULATE] | [RATING] | [e.g., Use protective guard, wear safety glasses] | [SCORE] | [SCORE] | [CALCULATE] | [RATING] |
| [ENTER HAZARD] | [ENTER WHO] | [SCORE] | [SCORE] | [CALCULATE] | [RATING] | [ENTER CONTROLS] | [SCORE] | [SCORE] | [CALCULATE] | [RATING] |
| [ENTER HAZARD] | [ENTER WHO] | [SCORE] | [SCORE] | [CALCULATE] | [RATING] | [ENTER CONTROLS] | [SCORE] | [SCORE] | [CALCULATE] | [RATING] |
| [ENTER HAZARD] | [ENTER WHO] | [SCORE] | [SCORE] | [CALCULATE] | [RATING] | [ENTER CONTROLS] | [SCORE] | [SCORE] | [CALCULATE] | [RATING] |
Hierarchy of Controls Reference
- Elimination - Physically remove the hazard
- Substitution - Replace the hazard
- Isolation - Isolate people from the hazard
- Engineering Controls - Change the way people work
- Administrative Controls - Change the way people work
- PPE - Protect the worker with Personal Protective Equipment
Assessor Signature: __________________________
Date: __________________________
About this Template
Part of the Risk Assessment Matrix document collection
Document Type
Risk Assessment Matrix
A Risk Assessment Matrix is a visual tool used by Australian businesses and tradespeople to evaluate workplace safety hazards by rating the likelihood and severity of potential risks.