# PCI DSS v4.x Sample Template: Targeted Risk Analysis for Activity
# Frequency
The following is a sample template that an entity may use to document a targeted risk analysis (TRA) for any PCI DSS requirement that specifies completion of a TRA to define how frequently an entity performs an activity.
**_Note_**: _While it is not required that an entity follows the specific format provided here, the entity’s targeted risk analysis must include all this information, as defined in [[12.3.1 requirement guidance\|PCI DSS v4.x Requirement 12.3.1]]._
## PCI DSS Requirement Number:
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- Date of initial TRA:
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- Date of most recent review of the TRA to confirm the results are still valid.
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### Item / Details
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1. Identify the Asset(s) being protected.
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2. Identify the threat(s) that the requirement is protecting against.
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3. Identify the factor(s) that contribute to the likelihood and/or impact of the threat being realized.
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4. Describe the analysis of and justification for how frequently the requirement must be performed to minimize the likelihood of the threat being realized.
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5. Is an updated analysis needed, based on an annual review?
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6. Are there defined and documented policies and procedures for performing the entity’s targeted risk analyses (TRA) consistently?