Risk and contingency register
Track identified risks and approved transfers from contingency without counting the same allowance twice.
by Jack Butler-Kettle · About 2 min readShare
How to use it
Record risk owners and evidence for each transfer. Reconcile the revised base budget and remaining contingency to the approved total.
Risk and contingency register
Record risk owners and evidence for each transfer. Reconcile the revised base budget and remaining contingency to the approved total.
Free blank template for your own project. The completed example is shown below. No email address required.
View the completed example
Completed fictional example
Westhaven refurbishment · 14 October 2026 · Version 1.0
Risk register
Scroll across if needed to read the whole record. A dash means no value has been entered.
| Risk | Cause / effect | Allowance (£) | Owner | Mitigation / status |
|---|---|---|---|---|
| R-01 ground conditions | Unknown local obstruction; additional excavation | £12,000.00 | Project lead | Trial pits before main works |
| R-02 design development | Unresolved service routes | £18,000.00 | Design lead | Coordinate before procurement |
Contingency control
Scroll across if needed to read the whole record. A dash means no value has been entered.
| Budget | Original base (£) | Original contingency (£) | Approved transfer (£) | Revised base (£) | Remaining contingency (£) | Total (£) |
|---|---|---|---|---|---|---|
| Approved project budget | £300,000.00 | £30,000.00 | £8,000.00 | £308,000.00 | £22,000.00 | £330,000.00 |
The £8,000 transfer reallocates the existing budget: £308,000 base plus £22,000 contingency still totals £330,000. It is not an extra saving or a new budget.
Understanding your results
The £8,000 transfer reallocates the existing budget: £308,000 base plus £22,000 contingency still totals £330,000. It is not an extra saving or a new budget.
How it works
The workbook provides blank working records. Grey cells calculate from the entered inputs; yellow cells are for your information. The completed example stays on this page.
Read the related guidance for the context and checks behind this template.
If you need help preparing or reviewing the project records, our quantity surveying services explain the tasks available under a separate appointment. Agree the deliverable, responsibilities and required specialist input before work starts.