A risk mitigation analysis template is basically a step-by step planning process where you define the types, probability and severity of the risk factors which might happen on or during a project. Normally, a manager is hired to prepare this analysis by gathering input from other departments like engineering and quality assurance. How to manage risk mitigation with the help of a plan is basically the job of a manager or owner. Despite the fact that; here are several types of risk analysis, for instance; safety risk analysis, security risk analysis, food safety risk analysis, market risk analysis and financial risk analysis. Importance of Risk Mitigation Analysis The study of risk analysis will assist the analyst to identify the facts concerned with the situation of danger. Well, a risk analysis is a study of the exposure to danger. Basically, risk analysis is a simple process which helps the analyst to define the concerns of dangers. This systematic research will explain the probability of danger and the chances of harmful risks. Here we can also call a risk analysis template as a qualitative tool of assessment which presents the chances of risks that could occur any time. However, after collecting the