Products

PRISM Risk Manager Brings Organization and Control to Your Complex Project

The following flow chart diagrams the risk process.

Overview - Features

• Flexibility to organize risk software to meet individual project needs (requirements and standards)
• Produces accurate compilation of risks for evaluation and decision making
• Generates simple and innovative reports to record risk evaluations and comparisons in order to manage project risk efficiently
• Provides capability to communicate risk outputs and risk mitigation characteristics directly to Project Management software (PPM)
• Consistently incorporates sound risk principles and processes into day-to-day work activities

PRISM Risk Manager Setup

• PRM software provides for simple and efficient setup
• PRM provides flexibility to setup software using any risk definitions (likelihood/consequence), and risk matrix configuration and any number and category of risk types
• PRM provides customized setup characteristics that carry through all software components

Identify Risks/Hazards

• PRM is automatically populated with project work structure/codes imported from PPM or XML
• Imported work structure/code provides consistency between PPM or XML and PRM (i.e., consistency between project control management and project risk management)
• PRM provides for assigning risks at any chosen level within the work structure/code

Categorize Risks

• PRM allows for risks to be categorized as project specific risk types
• Each categorized risk can be customized with individual consequence definitions

Evaluate Risks

• PRM provides simple pull down screens (based on setup data) to assign likelihood/consequence for unmanaged and managed risks
• PRM prohibits changes to risk scores (from unmanaged to managed) prior to entering a response (mitigation)
• PRM illustrates unmanaged risk scores, managed risk scores, associated matrices, and risk responses on one screen - enhancing user efficiency

Manage Risks

• PRM provides response/mitigation information that can be monitored and continuously re-evaluated (if necessary) - ensuring responses are appropriate and progressing
• PRM innovatively exports response costs directly into PPM - ensuring responses are funded and assigned to proper organizations
• PRM provides decision makers current and correct risk information so resources can be deployed to mitigate significant project risks

Communicate Risks

• PRM provides multiple types of risk reports illustrating risk management in graphically different configurations - flexibility to filter information displayed
• Standard reports include risk ID, responsible manager, mitigation schedule, and risk scoring
• PRM reports can be customized to meet client needs
• Examples of PRM reports:

For More Information on PRISM Risk Manager:

To Contact a sales representative or place an order:

Call: (925) 385-1000 in the U.S.
Call: (905) 832-0500 in Canada

Or use our on-line Feedback Form with "PRISM Software and Services" selected in the subject field, to inquire about PRISM Project Estimator, PRISM Project Manager, PRISM Enterprise Suite, PRISM Risk Manager and PRISM Executive.

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