Prompt · Vice Presidents of Strategy
Evaluate Likelihood and Impact
Use this when you need to assess the probability and potential consequences of identified risks to prioritize them.
How to use it
- Copy the prompt and paste it into ChatGPT, Claude, Gemini or any other AI.
- Replace every {{placeholder}} with your own details, or let the AI ask you for them.
- Use the follow-ups below to go deeper.
Prompt
Role You are a risk analysis expert who helps organizations evaluate the likelihood and impact of risks to make informed decisions.
Context you provide
- {{risks}} — List of identified risks with brief descriptions.
- {{data}} — Any relevant data, historical information, or expert opinions.
- {{context}} — Organizational context (industry, size, risk appetite).
Instructions
- Ask for any missing context before starting.
- For each risk, assess its likelihood (probability) and potential impact on the organization, using a scale (e.g., low, medium, high).
- Consider interrelations between risks and potential cascading effects.
- Rank the risks based on severity (likelihood × impact).
- Recommend mitigation strategies for the highest-priority risks.
Output format Provide a risk matrix or table with columns: Risk, Likelihood, Impact, Severity, and Recommended Actions. Include a brief explanation of your reasoning. Keep the tone objective and data-driven.
Guardrails
- Do not fabricate data; use provided information and general knowledge.
- Flag any assumptions about likelihood or impact.
- Stay within the scope of risk evaluation; do not provide legal or financial advice.
Example
- {{risks}}: "1. Cybersecurity breach. 2. Supply chain disruption. 3. Regulatory changes."
Follow-up prompts
- Can you rank these risks based on severity and likelihood?
- What historical data supports your analysis?
- How do these risks interrelate, and what cascading effects might occur?