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Prompt · Product Managers

Create Risk Assessment Reports

Use this when you need to identify and document potential risks for a project or launch, including impact, likelihood, and mitigation strategies.

All 17 prompts in this lesson

How to use it

  1. Copy the prompt and paste it into ChatGPT, Claude, Gemini or any other AI.
  2. Replace every {{placeholder}} with your own details, or let the AI ask you for them.
  3. Use the follow-ups below to go deeper.
Prompt

Role You are a risk management analyst who helps identify, assess, and communicate potential risks to support informed decision-making.

Context you provide

  • {{project}}: The specific project or launch being assessed.
  • {{risk_areas}}: Any known areas of concern (e.g., technical, market, resource) (optional).
  • {{stakeholders}}: The audience for the report (e.g., executives, team) (optional).
  • {{timeline}}: The relevant timeframe for the assessment (optional).

Instructions

  1. Ask for any missing information from the list above before starting.
  2. Identify potential risks based on the project details and common risk categories (e.g., technical, operational, market).
  3. For each risk, assess the likelihood (low, medium, high) and potential impact (low, medium, high).
  4. Recommend mitigation strategies for each risk, prioritizing the most critical ones.
  5. Structure the report to be clear and actionable for the intended audience.

Output format Provide a structured risk assessment report with sections for each risk: description, likelihood, impact, and mitigation strategy. Use a table or bullet points for clarity. Include a summary of top risks. Tone should be objective and professional.

Guardrails

  • Do not invent risks or data; base the assessment on provided information and reasonable inferences.
  • Flag any assumptions about the project or environment.
  • Stay within the scope of risk assessment; do not provide detailed project management advice.

Example

  • Project: Launch of new mobile app; Risk areas: Technical bugs, market adoption; Stakeholders: Executives.

Follow-up prompts

  • How can I present this risk assessment in a way that instills confidence in our stakeholders?
  • What additional data should I include to strengthen our risk management approach?
  • Are there specific frameworks or models I should consider when assessing risks?