Every project carries risk. The difference between a controlled project and a chaotic one is whether that risk is tracked or ignored.

A risk register is where you capture what could go wrong, how likely it is, how much it would hurt, and who owns the response.

The core of a good risk register:

- Identify risks early, before they become issues.

- Score them by probability and impact.

- Assign an owner to every risk.

- Define a response plan before you need it.

A project without a risk register is not risk-free. It is just unprepared.