OFMA Practice Exams

In facilities management, a risk register is a living record that inventories potential threats to operations and tracks how each is being addressed. The most useful entry includes a clear description of the risk, an assessment of how likely it is to occur (likelihood) and how severe the impact would be (impact), the planned or implemented mitigations to reduce that risk, the person or role responsible for managing the risk (owners), and the current status or progress of those actions. This combination lets teams prioritize which risks need attention, assign accountability, and monitor whether mitigation efforts are working over time. Incident reports and response actions belong in incident management; they document what happened and how it was handled after the event, rather than the proactive risk-planning record. Maintenance schedules and costs relate to asset maintenance and lifecycle management, not the formal risk tracking itself. Detailed architectural drawings are design or asset documentation, useful for planning and operations but not the structured risk-tracking data used to steer risk responses.