Sorry, I was being silly. Our RR (is not unusual) in having a scoring system. We normally score from 0-9. There are two parts: "How likely is this thing going

Sorry, I was being silly. Our RR (is not unusual) in having a scoring system. We normally score from 0-9. There are two parts: "How likely is this thing going to happen" and "what will it do". Both parts are given a score of 1-3 and then the scores are multiplied together to get the Risk score (we use slightly different terminology but the idea is there). An item gets zero when fixed or considered not a risk but is deemed worth documenting. So, on our register you get a series of items with weights from 0-9 that is a self ordering list of things to fix. It is pretty simple and you could add more dimensions if you like. I'm just a simple Board member of my company - MD in my case. We try to create to do lists that have a reasonable chance of being fixed with a reasonably simple ordering of importance.