Practically every risk assessment process is the same. Rather than reading boring stuff, use my handy checklist. I will then authorise you an additional fifteen (15) minutes of Facebook time to be used outside of working hours.
All of them.
Come on, use your imagination.
Go back and change the likelihood and impact figures yourself. What am I, your mother?
You might want to tell an adult. Your manager, your CEO or your dog are good candidates. Really, tell as many people as you can so that when they come looking for a scapegoat, you have someone else to point to.
This is meant to be funny. It’s still a better process than no process. Risk management is serious business and you should take all due care. I am not a lawyer, get professional advice, take two aspirin and call me in the morning, etc.