Exception log template

A useful exception log is a management queue, not an archive.

Fields and operating rules for an operational exception log that drives action instead of becoming another tracker.

Recommended fields

FieldWhy it matters
ExceptionDefines the failure
ExposureQuantifies impact
SeverityPrioritizes attention
OwnerCreates accountability
Root causeExplains recurrence
Corrective actionFixes the current issue
Control gapPrevents repeat failure

Weekly operating rule

Every open high-severity item must have an owner, next action and due date. Overdue items should surface automatically in review.