Active Risk Manager

Riskonnect’s Active Risk Manager software helps you effectively manage risks from the project level up through the enterprise.

View risk from every perspective. Visualize risk at project, program, and enterprise levels – as well as the relationships between risks – to make more effective decisions.

Understand the upstream and downstream impacts of project risks. Prioritize risk-mitigation activities that have the greatest reach.

Avoid small problems that add up to big disruptions. Aggregate risk data from frontline projects to spot trends and address threats from an enterprise vantage point.

Product Highlights:

Get a Bird’s-Eye View of What’s Happening on the Ground

If you are only aware of individual risks to each project, how are you supposed to make the all-important connections between risks that impact multiple projects – or roll up critical risk data into a board report? Riskonnect’s Active Risk Manager software helps you understand risk at every level and easily aggregate the data at the enterprise level.

  • Seamlessly manage risk from project to enterprise level within the same risk register.
  • Spot growing risks and emerging trends across projects.
  • Easily collaborate on decisions to ensure that project goals are met on schedule and on budget.
  • Show collaborators relevant information based on security controls, not necessarily every data point.

ARM has matured our risk management program by making sure that the practitioners know it can give them analytics with which to take proactive actions to mitigate risks or exploit opportunities. It has also allowed our leadership to have business intelligence information so that they can understand what an individual program’s risks or opportunities may be doing to their overall portfolio.

Steve Lundquist
Elbit America

Don’t Tie Up Resources Unnecessarily

How much should you set aside for contingencies? Riskonnect’s Active Risk Manager software uses sophisticated analytical tools to help you confidently predict project costs, time frame, and variability.

  • Capture data from construction managers, engineers, and other non-risk professionals with an intuitive interface that’s easy to navigate even for occasional users.
  • Optimize where and how resources are allocated to ensure your contingency fund provides a reasonable cushion without wasting resources.
  • Understand how risk affects the bottom line so your money can be effectively budgeted.
Don't get tied up with ARM

Stay on Track from
Start to Finish

Feeling the pressure to deliver perfectly to strict specifications on time and on budget? Riskonnect’s Active Risk Manager software automates every step of the risk lifecycle to help you proactively manage risks and successfully complete projects.

  • Streamline administrative tasks, easily make configuration changes (e.g., adding scoring schemes, modifying the folder structure, and creating new record options), and get to go-live quickly.
  • Use API integrations to seamlessly connect your risk data with other systems, including data warehouses and visualization tools.
  • Adjust project schedules based on risk data to minimize unanticipated costs and schedule slippage.
  • Maintain a library of risk information with past experience data and lessons learned to guide future projects.

Meet Special Industry Requirements

Riskonnect’s Active Risk Manager software offers both secure cloud hosting and on-premises configurations to meet the exacting hosting and security requirements of certain industries.

  • Standard frameworks – including ISO 31000, COSO, PMBOK, GAO
  • Industry frameworks – including DOD RIO guide, OMB A-123, OMB A-11, FAA risk management policy
eBook-Seven Risk Management Habits for Successful Projects
Seven Risk Management Habits for Successful Projects

What makes one project successful and another fail? The answer often lies in the way project risks are managed. This ebook dives into seven habits for managing risk that will help your projects stay on track for successful completion.

Your Project Risk Management Questions Answered

Project risk management software is a platform to manage risks to keep projects on schedule and on budget. It offers sophisticated analytics to predict project costs, contingencies, time frame, and variability. The software saves time and money by optimizing resources and fostering collaboration. And it makes it easy to see connections between risks that impact multiple projects and roll that data up for an enterprise view.

Project risk management software offers a variety of applications – like bowtie cause-and-effect analysis, job safety analysis, risk assessments, and schedule and cost impact analysis – to help you optimize resources and make more effective decisions.

The answer to this question depends on the number, size, and complexity of your projects. Companies with a limited number of smaller projects might find spreadsheets a perfectly adequate tool. As the number and size of projects grows, however, so does the amount of data and insight needed to effectively manage those risks.

You will likely benefit from project management technology if you have numerous complex projects or are struggling to keep your projects on track. Project risk management software helps you understand the upstream and downstream impacts of risks so you can understand risk at every level to successfully complete projects.

Riskonnect’s flexible model allows you to start anywhere and go everywhere. You can build a solution that fits your needs today – and easily add and upgrade as your business grows and changes.

Riskonnect is designed to seamlessly connect data from multiple sources inside and outside your organization. We also offer APIs (application programming interface) to easily import and export data and out-of-the-box integrations with specialized partners to help you get the most from your data as efficiently as possible.

Pricing depends on the size and complexity of the project and how much customization you require. We offer three industry-leading implementation options at different price points to fit your budget, while achieving your business objectives as quickly as possible.

Start partnering with Riskonnect today.
Find out how Riskonnect can transform the way you view risk.