The project risk log complements the broader risk register by focusing specifically on threats and opportunities affecting project objectives like schedule, budget, scope, or quality. Each entry includes risk description, probability, impact, response strategy, owner, target dates, and status updates. For instance, a construction risk log might track weather delays, material price volatility, permitting issues, and labor availability. The log is reviewed regularly in project meetings, with updates on emerging risks, closed risks, and response effectiveness. Mature project management offices integrate risk logs with scheduling tools and issue trackers. The log provides audit trails for lessons learned and supports escalation when risks exceed project-level authority.