Asset Register

Equipment Criticality Ranking & Risk Matrix Worksheet

Score every asset's failure consequence and likelihood on scales you define, and the Equipment Criticality Ranking & Risk Matrix Worksheet computes a Risk Priority Number for each one, plots it on a 5x5 risk grid, and assigns a High/Medium/Low criticality tier. Paste in your register — Asset ID and Name/Description come first, matching the MN-03 layout — enter your consequence and likelihood ratings, and the Dashboard ranks your assets by risk and counts how many sit in each tier. Every scale, cutoff, and rating is yours: the workbook holds no criticality benchmark, no severity table, and no assumed scores. It organizes the judgements you and your team make; it does not make them for you.