What is the primary output of a risk assessment?

The primary output of a risk assessment is a risk assessment report that documents identified risks. This report serves as a foundational element for understanding the potential vulnerabilities and threats that an organization may face. It typically details the nature of the risks, their potential impact, the likelihood of their occurrence, and any preliminary suggestions for mitigating those risks.

This output is essential because it informs decision-makers about the current risk landscape, thereby facilitating prioritization and resource allocation toward risk management strategies.

While a comprehensive risk management plan is a key subsequent step that may be developed based on the findings of the risk assessment report, it is not the direct output of the assessment itself. Similarly, an industry benchmark report might provide valuable context regarding risk levels in other organizations, but it is not a direct output of an organization's own risk assessment. Lastly, a list of potential stakeholders is important for implementing risk management but again does not represent the primary output of the risk assessment process.