Risk Matrix and Analysis

A risk matrix that remains valid over time.

We help you identify, assess, and monitor risks in a way that actually works in your day-to-day operations. In Excel, Power BI, or both, depending on how you work.

Almi

Risk matrix in Power BI

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We help you visualize your data in a clear and understandable way.

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From gut feeling to a clear picture of the risks.

We help you identify, assess, and prioritize risks in a clear and organized manner. With a risk matrix and a structured risk analysis, it becomes easier to identify the most critical issues, track progress on actions, and build consensus within the organization.

A clear risk matrix showing probability and impact, tailored to your business
A standardized method for assessing, prioritizing, and documenting risks
Action plans that clearly define responsibilities, status, and follow-up and remain effective over time
A traceable history so you can see changes, trends, and recurring risks
Reports and overviews that work for management, projects, and auditing

Here's what it might look like

Almi

Risk matrix in Power BI

Almi needed a more dynamic and visual way to manage project and risk data. We created an interactive impact & probability matrix in Power BI - a tool that makes it possible to analyze, filter and discuss risks directly in real time.

To case

Frequently asked questions

What is a risk matrix?

A risk matrix is a way to prioritize risks by weighing probability against impact. It gives you a clear picture of which risks require immediate action and which ones can be monitored.

When is Excel best suited for risk matrices and analysis?

When you want to get started quickly, work flexibly, and allow many people to contribute their input. Excel is also great for simpler scenarios, workshops, and when the risk register isn’t very large.

When is Power BI the best choice?

When you want to monitor risks on an ongoing basis, gather data from multiple sources, access interactive views, and ensure a shared understanding across the organization. Perfect for management monitoring and governance.

Is it possible to create a risk matrix that updates automatically?

Yes. In Excel, we can automate tasks using structured tables, data validation, and Power Query. In Power BI, we can connect to data sources and receive scheduled updates, ensuring that the matrix is always up to date.

Can we filter by department, project, or category?

Yes. You can break down risks by unit, process, project, supplier, or product. In Power BI, this is made especially easy with drill-down features and clickable filters.

Can we monitor the measures and see if the risk level decreases?

Absolutely. We can show trends over time, the status of actions, due dates, and risk levels before and after each action, so you can see the impact and assign responsibility.