Risk Assessment Framework

Performs detailed risk assessment by identifying, scoring, prioritizing risks, and proposing mitigation plans with owners, deadlines, and costs for informed...

Comprehensive risk assessment for business operations, projects, and strategic decisions. Identifies, scores, and prioritizes risks with mitigation plans.

What It Does

When triggered, the agent:

1. Identifies risks across categories (operational, financial, technical, regulatory, reputational, strategic)
2. Scores each risk using Likelihood × Impact matrix (1-5 scale, 25-point max)
3. Classifies into Critical (20-25), High (15-19), Medium (8-14), Low (1-7)
4. Generates mitigation strategies with owners, deadlines, and cost estimates
5. Produces a risk register ready for board reporting or investor updates

Usage

Tell your agent: "Run a risk assessment on [project/business/decision]"

Input

Provide context about what you're assessing:

• Business or project description
• Known concerns or past incidents
• Industry and regulatory environment
• Timeline and budget constraints

Output Format

Risk Register:

#	Risk	Category	L	I	Score	Priority	Mitigation	Owner	Deadline	Cost

Risk Heat Map:

• 🔴 Critical (20-25): Immediate action required
• 🟠 High (15-19): Mitigation plan within 7 days
• 🟡 Medium (8-14): Monitor and review monthly
• 🟢 Low (1-7): Accept or monitor quarterly

Residual Risk: After mitigation, re-score to show risk reduction.

Scoring Guide

Likelihood (L):

1. Rare (<5%) — Hasn't happened, unlikely to
2. Unlikely (5-20%) — Could happen but no history
3. Possible (20-50%) — Has happened elsewhere
4. Likely (50-80%) — Has happened before or conditions exist
5. Almost Certain (>80%) — Expected to happen

Impact (I):

1. Negligible — <$10K loss, no disruption
2. Minor — $10K-$50K, minor delays
3. Moderate — $50K-$250K, partial service disruption
4. Major — $250K-$1M, significant operational impact
5. Severe — >$1M, existential threat or regulatory action

Industries Covered

• SaaS & Technology
• Financial Services
• Healthcare & Life Sciences
• Construction & Engineering
• Professional Services
• Manufacturing
• Real Estate
• Legal & Compliance

Want More?

This skill pairs well with industry-specific AI context packs that include pre-built risk libraries, compliance checklists, and regulatory frameworks:

→ Browse context packs: https://afrexai-cto.github.io/context-packs/ → Calculate your AI ROI: https://afrexai-cto.github.io/ai-revenue-calculator/ → Set up your AI agent: https://afrexai-cto.github.io/agent-setup/