Identify, analyse, and control all risks on your projects professionally, with ease and simplicity.
Configure your risk management system, define your projects, identify, analyse and control your risks.
Clarity and consistency are key to effective risk management. Project Risk Manager applies the principals of proven risk management methods, ensuring all risks are clearly identified and ranked on a fully configurable risk severity matrix. As mitigation plans are developed and their response actions implemented, the system tracks progress from initial risk identification through to final mitigation and acceptance.
Identifying risks on your project requires a clear understanding of the three primary components that comprise a risk. These are; the risk source (threat or opportunity), the risk event, and the risk impacts.
Risk mitigation planning requires that both the probability of risk event occurrence, and all the potential impacts of the risk event are considered. Response actions are developed for each according to their nature. Each mitigation plan will typically comprise multiple response actions.
Each response action needs to be implemented in accordance with the risk mitigation plan. This entails deploying resources to implement the response actions as and when required, and verifying the completion and effectiveness of each action.
Stay ahead of emerging threats and opportunities with real-time KRI monitoring and reporting through PRM’s built-in Reports module. Configure dynamic risk charts that visualise risk severity across departments, teams, or any custom category — instantly revealing where risk concentrations are building before they become critical. With a range of chart styles to choose from, including grouped and pivot-style views, your project team always has a clear, at-a-glance picture of the risk landscape, exportable for stakeholder reporting at any time.
