The INAC 2010 Risk Assessment Map is a 4 x 4 grid, resulting in 4 boxes across by 4 boxes down (i.e. 16 equally sized boxes).

The Y axis, which runs vertically from top to bottom, is labelled “Impact” and represents the magnitude of effect that a risk will have on departmental objectives, with 1 being the lowest (bottom of axis) and 4 being the highest impact (top of axis).

The X axis, which runs horizontally from left to right, is labelled “Likelihood” and measures how probable a risk is to happen in the department. A rating of 1 (far left of the X axis) measures the lowest likelihood risk and 4 (far right on the X axis) measures the most likely risk.

**The intersection of the impact and the likelihood ratings lands in one of the 16 boxes which are color coded. Following description contains a pair of numbers followed by color code denotes the risk level.**

The first number indicates the level of likelihood and the second number indicates the level of impact.

Risks that land in a “Green” box are considered low risk;

Those in a “Yellow” box are considered moderate risk;

Those landing in the “Orange” box are high risks; and

The “Red” boxes represent extreme risks.

**Each box is colour coded as follows:**

Green: represented by boxes with these pairs of numbers (1, 1); (1, 2) and (2, 1)

Yellow: represented by boxes with these pairs of numbers (1, 3); (2, 2) and (3, 1)

Orange: represented by boxes with theses pairs of numbers (1, 4); (2, 3); (3, 2); (3, 3), (4, 1) and (4, 2)

Red: represented by boxes with these pairs of numbers (2, 4); (3, 4); (4, 3) and (4, 4)

**The eight risk areas identified by INAC are rated as follow:**

Risk 1: Human Resources Capacity and Capability risk is rated high in box (3, 2) orange with likelihood level 3 and impact level 2

Risk 2: Information for Decision-making risk is rated high in box (3, 3) orange with likelihood level 3 and impact level 3

Risk 3: Implementation risk is rated high in box (3, 3) orange with likelihood level 3 and impact level 3

Risk 4: Resource Alignment risk is rated high in box (3, 3) orange with likelihood level 3 and impact level 3

Risk 5: Government Partnership risk is rated high in box (3, 2) orange with likelihood level 3 and impact level 2

Risk 6: Aboriginal Relationships risk is rated high in box (3, 3) orange with likelihood level 3 and impact level 3

Risk 7: External Partnership risk is rated high in box (3, 2) orange with likelihood level 3 and impact level 2

Risk 8: Legal risk is rated extreme in box (4, 3) red with likelihood level 4 and impact level 3