Next Assessment Date

The “Next Assessment Date” refers to the scheduled date for the next evaluation or review of a particular risk. Risk assessments are not static; they need to be periodically revisited to ensure that the information remains current and that any changes in the risk landscape are captured. This field helps in planning and scheduling these periodic reviews.

Regular reviews help maintain the relevance and accuracy of risk information, allowing organizations to adapt their risk management strategies as needed and ensuring progress is being made towards mitigation. Select from the drop-down below. 

The following screenshot shows the “Next Assessment Date” section.

Deciding Next Assessment Date

Here is a suggested timeframe for reviewing risks based on inherent risk ratings. 

Inherent Rating	Maximum Time frame Between Assessments
Very Low	12 – 18 months
Low	12 months
Medium	6 months
High	3 months
Very High	1.5 months

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