Risk management is one of those disciplines where most organizations have something in place but few have something that actually works. The typical setup: a risk register that gets updated quarterly (optimistically), a heat map that hasn't changed in 2 years, and an annual exercise that checks a compliance box without changing any decisions. The frameworks and processes exist to do this well. The problem is finding the right ones and actually implementing them.
Flevy carries 64 risk management frameworks and templates, built by practitioners including ex-Big 4 consultants, Basel II specialists, and operational risk professionals. Our editorial team reviewed all 64 and ranked them based on recent sales, download volume, and practical utility across use cases ranging from enterprise risk governance to project-level assessment to banking-specific operational risk.
Here are the 10 we recommend.
1. Designing Operational Risk Management (ORM) Framework
48 slides + supplemental Word document · Boris Agranovich Best for: Risk and compliance leaders designing or overhauling an operational risk management framework from the ground up
This deck tackles the structural question most risk resources skip: how do you actually design the ORM framework itself, not just populate one that already exists? It walks through the architecture of an operational risk program, covering governance structure, risk appetite articulation, control environment design, and reporting mechanisms. The supplemental Word document provides implementation guidance that extends beyond the slide content. Particularly valuable for organizations that have outgrown their informal risk processes and need to formalize ORM as a governed discipline rather than a periodic exercise.
2. Complete Guide to Risk Management (M_o_R)
85 slides · Dartview Consulting Best for: Risk managers and PMO leads embedding MoR across strategy, programs, projects, and operations
Built around the Management of Risk (MoR) framework, this 85-slide deck structures risk management across 4 lenses: Strategic, Program, Project, and Operational. It anchors the approach with 8 guiding principles to support consistent decision-making and is designed for easy customization with removable slides. The value is in the multi-level architecture. Rather than treating risk as a single activity, it gives PMO leads a framework to embed risk governance at every organizational layer, translating theory into a repeatable, culture-shaping process.
3. ISO 31000:2018 (Risk Management) Awareness Training
61 slides + supplemental tools · Operational Excellence Consulting Best for: Risk and compliance leads onboarding staff and preparing governance- and audit-ready ISO 31000 risk processes
This deck pairs ISO 31000:2018 awareness content with an actionable toolkit, including a downloadable Excel Risk Register that teams can deploy immediately. It covers the 3 pillars (Principles, Framework, Process) and shows how risk management integrates into project activities, not just policy documents. The training-ready format makes it especially useful for compliance leads who need to onboard staff quickly and establish governance practices that will hold up under audit scrutiny.
4. Risk Self-Assessment Exercise (Run & Monitor Operations)
38-page PDF · Boris Agranovich Best for: Operational risk teams running structured self-assessment exercises across business units and operational processes
Risk self-assessments are standard practice in regulated industries but are often run inconsistently across business units. This document provides a structured exercise template specifically scoped to the "Run & Monitor Operations" domain, giving teams a repeatable format for identifying, scoring, and documenting risks at the process level. From the same author as the Risk Inventory Exercise Template (#9 on this list), it complements that tool by shifting from cataloging risks to actively assessing them through facilitated exercises. A practical resource for operational risk teams that need consistency across business lines.
5. Risk Management Process
65 slides · RadVector Consulting Best for: Risk officers and project managers starting project or annual risk assessments needing a 7-step framework and templates
This deck lays out a clearly defined 7-step risk management process: Communication & Consultation, Establish Context, Risk Identification, Risk Assessment, Risk Evaluation, Treat Risks, and Monitor & Review. Each step includes concrete activities and templates, including risk registers and standard treatment options (avoidance, reduction, transfer, acceptance). It's the most straightforward, step-by-step resource on the list, well suited for risk officers and project teams initiating new assessments or embedding a repeatable risk program for the first time.
6. Business Risk Assessment Template and Good Practice Example
Excel workbook · Navigate Change Consulting Best for: Business owners and risk managers building a scored risk register and mitigation plan for operational resilience
At $20, this is the most accessible entry on the list. The Excel workbook pairs a practical risk-assessment workflow with a ready-made good-practice example that explicitly covers COVID-19 risks, demonstrating how risks map to concrete mitigations. The risk register categorizes items by impact on customer experience, key activities, and financial performance, using a straightforward scoring system with automatic updating of the overall risk rating. Especially valuable for small to mid-sized organizations that need an actionable, repeatable approach to operational risk governance without a heavy framework investment.
7. Enterprise Risk Management (ERM) - Complete Guide
139 pages · Amer Morgan Best for: Risk managers and leaders in medium-to-large organizations building or enhancing an enterprise-level ERM framework
This guide takes a journey-based approach to building and maturing an ERM program, moving from development through ongoing refinement across 139 pages. It covers core ERM topics including the meaning of risk, ERM definition, framework architecture, and a practical process overview. The content is designed to be usable across organizations with varying risk maturity levels, making it helpful for governance teams that need to embed risk practices at multiple levels, from board oversight to executive action.
8. Risk Management in a Project Portfolio Management (PPM) Context
84 slides · S Ramani (GRT Consulting) Best for: Project, program, and portfolio managers embedding risk governance, KRIs, and standardized reporting across PPM
Most risk resources address either enterprise risk or project risk. This deck occupies the space between them, embedding risk governance across project, program, and portfolio layers with KRIs and standardized reporting tied to a formal risk lifecycle. It delivers practical templates (risk register, risk progress report, risk improvement plan) and tools like a probability-impact matrix. Particularly useful for PMOs managing multiple concurrent initiatives where risk oversight needs to scale beyond individual project managers.
9. Risk Inventory Exercise Template
Excel workbook · Boris Agranovich Best for: Bank operational risk and compliance teams conducting Basel II-aligned process-level risk inventories
This template ties Basel II event-type categorization directly into an Excel workbook, turning what's typically a qualitative exercise into a structured, repeatable process. It ships with 45 example processes mapped across 7 Basel II event types and lets users select risk types within those categories while capturing likelihood and impact. The banking-specific focus makes it a niche entry on this list, but for operational risk and compliance teams in financial institutions, it solves a very specific problem that generic risk frameworks do not address.
10. Risk Management Framework Mind Map
21 slides · LearnPPT Consulting Best for: Risk leads and project managers running risk assessment workshops and building mitigation implementation plans
This deck takes a different approach by presenting the entire risk management lifecycle as an interactive Mind Map, with an HTML version plus editable SVG and Markdown script for customization. It breaks risk management into 5 phases (Risk Identification, Risk Assessment, Risk Mitigation Planning, Implementation, Monitoring & Review) and includes workshop agendas and facilitation guidance. The visual format makes it a strong workshop tool for teams that need to see interdependencies across risk categories rather than work through them linearly in a spreadsheet.
How We Ranked These
Rankings reflect a combination of recent sales and download data on the Flevy Marketplace, editorial assessment of practical utility, and differentiation across use cases. We weight execution-readiness heavily: resources that deliver usable templates, registers, and exercise structures rank higher than those that stay at the conceptual level.
These rankings are updated quarterly. The full library of 64 risk management frameworks and templates is available on Flevy, alongside related resources in compliance, crisis management, business continuity, and operational excellence: https://flevy.com/topic/risk-management
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