IT PlanningFree Tool

Risk Matrix Calculator

Provided byInventive HQinventivehq.com

Score likelihood and impact, generate heat maps, and build risk registers aligned to NIST, ISO 27005, and FAIR framew...

Screenshot of Risk Matrix Calculator on Inventive HQ
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About this tool

What Risk Matrix Calculator does

The Risk Matrix Calculator on Inventive HQ is a structured tool for evaluating potential threats by scoring their likelihood and impact. Users can generate heat maps and build risk registers that align with industry-standard frameworks such as NIST, ISO 27005, and FAIR, helping to organize risk assessments into a consistent format. The platform is designed to make professional risk assessment more structured and accessible for IT planning purposes.

Step by step

How to use the Inventive HQ Risk Matrix Calculator

  1. 1

    Select the likelihood and impact scores for each identified risk

  2. 2

    The tool generates a visual heat map based on the entered scores

  3. 3

    Export or build a risk register aligned to NIST, ISO 27005, or FAIR frameworks

  4. 4

    Review and refine the assessment as needed for IT planning documentation

Is it right for you

Best for

IT planners and security professionals who need to structure risk assessments using established frameworks and produce visual heat maps and risk registers.

Limitations

  • No unit switching between different risk scoring scales
  • Results may depend on the user's initial score inputs
  • Likely requires manual review for complex or high-stakes assessments
Questions

Risk Matrix Calculator FAQ

Can I use the Risk Matrix Calculator for compliance audits?
Yes, the tool supports alignment with NIST, ISO 27005, and FAIR frameworks, which are commonly referenced in compliance and audit contexts.
Do I need to create an account to use the calculator?
The provided material does not specify account requirements; check the Inventive HQ site for registration options.
What types of risks can I assess with this tool?
The calculator is designed for general threat and risk assessment, particularly in IT and security contexts, using likelihood and impact scoring.
How do I interpret the heat map output?
The heat map visualizes risk based on the likelihood and impact scores entered, helping to prioritize which risks need attention first.