Risk Register

Tool to record, follow up and close out actions related to relevant assessed risks

  • Note: 1 to entry: Each entry in the risk register typically includes a description of the risk, a description of the action(s), the responsible party, the due date, and status of the action.

Source: ISO 16530-1:2017, Petroleum and natural gas industries — Well integrity – Part 1: Life cycle governance, First Edition, March 2017. Global St

Risk Register

A complete list of risks for a company, business, asset or project.

Each risk in the register is normally briefly described and then, using a common process, characterised in terms of factors such as potential consequences, likelihood, priority or ranking, risk controls/barriers, residual risk type/classification, actions underway, review dare and owner.

Source: IOGP Report No. 510, Operating Management System Framework for controlling risk and delivering high performance in the oil and gas industry, International Association of Oil & Gas Producers, June 2014. Global Standards

Risk Register

Tool to log, follow up and close out relevant risks.
NOTE Each entry in the risk register should typically include
⎯ description of the risk,
⎯ description of the action(s),
⎯ responsible party,
⎯ due date,
⎯ action status.

Source: ISO 20815:2008, Petroleum, petrochemical and natural gas industries – Production assurance and reliability management. Global Standards


Risk Register

Record of information about identified risks (1.1). NOTE The term “risk log” is sometimes used instead of “risk register”.

Source: ISO Guide 73:2009(E/F), Risk Management – Vocabulary, First Edition, 2009. Global Standards

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