A formal document that identifies, assesses, and tracks potential risks to a project or organization. It includes risk probability, impact, mitigation strategies, and ownership.
From Old French 'risque' (danger) and Latin 'registrum' (list, record). The formal risk register concept developed in project management during the 1980s as projects became more complex.
Risk registers are like crystal balls for project managers - they force you to imagine what could go wrong before it actually does. The most successful projects update their risk registers weekly, because yesterday's minor concern can become tomorrow's project killer!
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