RiskyProject: Full Project Risk Analysis and Risk Life Cycle Management
A collection of risk management tools that help thorough assessment, mitigation, and monitoring of risks across all project phases and portfolios, ensuring optimal project outcomes.
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Our complete suite of project risk management tools equips project managers with the capabilities to assess, mitigate, and monitor risks across all project phases and portfolios.
From detailed cost and schedule risk analysis to integrated risk registers and dynamic visualization features, these tools below ensure robust and effective risk management for optimizing project outcomes.
Cost and Schedule Risk Analysis
A comprehensive toolkit for project managers seeking to mitigate risks and uncertainties in their schedules and budgets. With capabilities such as importing cost and resource-loaded schedules, assigning probabilistic and conditional branching, and conducting detailed sensitivity analyses, we provide robust support for optimizing project outcomes.
- Import cost and resource loaded schedules P6, MSP, and IMPDAR (Proteus)
- Assign Risks and Uncertainties to schedule, cost, and resources
- Probabilistic and Conditional branching
- Schedule Consolidation and Subprojects to improve analysis of large programs
- Cost, Duration and Finish Time Histograms, Cumulative Probability, Scatter Plots for Project Summary, and all activities
- Project Sensitivity Analysis on Durations, Finish Time, and Success Rates
- Cruciality, Success Rates, Risk Chart, Critical Path, Criticality Index
Joint Confidence Level Analysis
Empowers project managers with detailed insights into the likelihood of meeting or exceeding budget and schedule targets. Featuring Joint Confidence Level plots for the entire project and individual activities, along with the ability to save plot data to CSV files.
- Joint Confidence Level plots for the Project and all activities in the schedule including milestones or summary activities
- Each plot line can be saved to csv file
- Four quadrants as a % of meeting or over budget or schedule can be viewed for each iteration or specific cost, duration, or finish time
Integrated Risk Register
Offers a dynamic solution for managing project risks with fully customizable categories, properties, and scoring. It features the ability to view original, current, and post-mitigation scores, integrates with quantitative analysis, and provides customizable views, including risk heat maps and import/export capabilities to Excel.
- Fully customizable categories, properties, and scoring
- View Original, Current, and Post Mitigation scores.
- Integrated with quantitative analysis
- Sort and Filter views based on properties
- Integrated risk heat maps
- Customizable views
- Import/Export Risk Register to Excel
Risk Mitigation and Response Planning
Designed for building and tracking effective risk mitigation strategies. These tools allow for detailed planning with customizable properties, multiple plans for individual or multiple risks, and the ability to plot mitigation progress using waterfall charts.
- Mitigation plans include multiple properties including planned and actual changes to probabilities and impacts, start dates, finish dates, % complete and other customizable properties.
- Multiple plans can be assigned to a single or multiple risks
- Mitigation plans can be assigned and plotted as a waterfall chart with planned vs actuals
- Cost of risk with mitigation and response plans calculations
- Mitigation plans can be linked to mitigation activities in the schedule.
- Link plans and updates to Excel
- Response plans with costs and duration can be assigned qualitatively or quantitatively to risks.
Trends, Risk Lifecycle
Offers advanced visualization and tracking capabilities for managing project risks. With customizable heat maps, risk matrices, trend bar charts, and total risk tables, you can monitor and analyze risk scores over time using both qualitative and quantitative data. These tools also provide the ability to save all views ensuring comprehensive risk management documentation.
- Customizable Heat Maps – colors, number of rows and columns, labels, scoring, s coring algorithms and severity ranking
- Heat maps for Risk Matrix (current score, Risk Monitor (# of risks per cell), and Risk History (plots changes in risk score over time)
- Risk Trends Bar Chart with number of risks/severity ranking/period
- Total Risk Table with number of risks/severity ranking/period
- Displays results of both qualitative and quantitative analysis
- All views can be saved as images or included with Risk Reports or Dashboards
Project Portfolio Risk Analysis and Management
A robust framework for overseeing risks across an entire organization. With features like an organization-wide risk register, project portfolio hierarchy, and risk ranking for portfolio you can effectively manage threats and opportunities. The system includes a risk approval process, detailed reviews and risk history tracking ensuring comprehensive risk governance at all levels.
- Organization-wide risk register
- Project portfolio hierarchy
- Risk ranking for portfolio, programs, and projects
- Risk approval process, reviews, and risk history
- Assign risks at the project, program, or portfolio
- Managing threats and opportunities
- User management
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