Interactive Project Risk Management Demonstration

Risk Probability-Impact Matrix

Rate probability and impact consistently, plot risks on a 5×5 matrix, calculate comparative risk scores, distinguish risk exposure bands, prioritize attention, and see how a planned response can change residual risk.

Demonstration at a glance
Level Intermediate
Typical duration 8–12 minutes
Learning format Guided qualitative risk analysis
Best for Project managers, risk professionals and certification learners
Demonstration overview

Turn Risk Judgement into a Consistent Prioritization View.

A probability-impact matrix provides a structured way to compare identified risks using agreed rating scales. This demonstration uses the INDENTRA five-level probability scale and five-level impact scale. Probability is scored 1–5, impact is scored 1/3/5/7/9, and the approved probability-impact matrix determines the overall risk rating.

  • Review six project risk statements written as Cause(s) ⇒ Event ⇒ Impact(s).
  • Understand the five-level probability and impact scales.
  • Assign probability ratings consistently.
  • Assign impact ratings consistently.
  • Plot each risk on the matrix.
  • Calculate probability × impact scores using the approved scoring values.
  • Prioritize risks while recognizing that equal scores do not make risks identical.
  • Apply a response and compare inherent with residual risk.
Guided Demonstration

Risk Probability-Impact Matrix — Step by Step

Complete each locked stage before the next unlocks. Every reveal changes the matrix, risk markers, score display, or residual-risk view.

Learning stages
Foundation Stage 1 of 8

Review the Risk Register Entries

Current instruction
Interactive Risk Matrix

Probability × Impact Prioritization

Risk entries are introduced before ratings are applied.

100%
Very Low Low Medium High Very High

Focus Mode moves you to the Guided Demonstration, then hides the rest of the page while keeping the current learning stage and matrix visible together. Zoom affects only the matrix pane.

Risk status: Review the risk entries, then establish the rating scales.
Supporting Risk Table

Risk Ratings and Priority

Ratings and scores appear progressively with the guided sequence.

Risk Description Probability Impact Score Priority Band Proximity
Experiment Mode

Re-rate a Risk and See the Priority Change

Experiment Mode is isolated from the guided demonstration. Select a risk, change its probability and impact ratings, and optionally apply a response to see the residual position.

Inherent score 20
Inherent band Very High
Residual score 20
Residual band Very High
Check Your Understanding

Quick Knowledge Check

Risk Matrix Quick Reference

INDENTRA Probability, Impact and Matrix Scoring Guidelines

Probability Scoring Levels

Scale Score Description Probability Narrative
Very High 5 The risk event is extremely likely >50% Based on individual/industry experience, the risk has occurred at least in every second project.
High 4 The risk event is very likely 30–50% Based on individual/industry experience, the risk has occurred in about two out of five projects.
Medium 3 The risk event is likely 10–30% Based on individual/industry experience, the risk has occurred in about one out of five projects.
Low 2 The risk event is unlikely 2–10% Based on individual/industry experience, the risk has occurred in about one out of ten projects.
Very Low 1 The risk event is very unlikely <2% Based on individual/industry experience, the risk has occurred in about one out of one hundred projects.

Impact Scoring Levels

Scale Score NPV Cost / Duration Safety Reputation
Very High 9 >50% of project NPV Cost increase/savings or schedule delay/acceleration changes project NPV by more than 50% Causing fatal injuries Threat: loss of many clients/adverse publicity. Opportunity: new business with new clients/favourable publicity.
High 7 30–50% of project NPV Cost or schedule effect changes project NPV by 30–50% Causing serious injuries Threat: loss of a single client. Opportunity: new business with an existing client.
Medium 5 10–30% of project NPV Cost or schedule effect changes project NPV by 10–30% Causing slight injuries Threat: high increase of complaints ratio. Opportunity: high decrease of complaints ratio.
Low 3 5–10% of project NPV Cost or schedule effect changes project NPV by 5–10% Causing very slight injuries Threat: small increase of complaints ratio. Opportunity: small decrease of complaints ratio.
Very Low 1 <5% of project NPV Cost or schedule effect changes project NPV by less than 5% Negligible impact Negligible impact

Probability–Impact Matrix

Impact \ Probability Very Low 1 Low 2 Medium 3 High 4 Very High 5
Very High 9 Medium · 9 High · 18 Very High · 27 Very High · 36 Very High · 45
High 7 Low · 7 Medium · 14 High · 21 Very High · 28 Very High · 35
Medium 5 Low · 5 Medium · 10 Medium · 15 High · 20 High · 25
Low 3 Very Low · 3 Low · 6 Medium · 9 Medium · 12 Medium · 15
Very Low 1 Very Low · 1 Very Low · 2 Very Low · 3 Low · 4 Low · 5
Risk statement standard: write every risk as Cause(s) ⇒ Event ⇒ Impact(s). The score is Probability × Impact, but the overall rating is read from the approved matrix—not from generic numeric thresholds.
Cause(s) ⇒ Event ⇒ Impact(s)
Probability 1–5 · Impact 1/3/5/7/9
Score → Matrix Rating → Response