PROJECT RISK

Mitigate risks to your capital projects and lower your organization’s project-related expenses.

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Safeguard Your Company’s Most Important Initiatives

Every major capital project has its own unique risks to consider.

Riskonnect’s Project Risk Management solution helps you assess unique risks, report on issues, and reduce your overall exposure.

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Track Risks as Your Projects Progress

Assign and assess risks unique to your projects, and use AI-based analytics to report progressively on your controls and financial exposure as your project moves forward.

HIT THE GROUND RUNNING

Built on one of the world’s most scalable cloud platforms.

User-friendly, accessible interface helps users engage with the system.

Easy customization allows users to modify fields, reports and important elements.

Built-in social communication tools enable collaboration across departments.

CRUCIAL INSIGHTS AT YOUR FINGERTIPS

Easily integrates with a variety of third-party applications.

AI-based analytics capture all risks that impact each of your projects.

Track the financial risk exposure of each project as it progresses.

Workflow automation streamlines processes and reduces admin time.

CENTRALIZED DATA AND REAL-TIME REPORTING

Provides a single point of truth for all your project risk data.

Transforms oversight and project risk insights with AI-based analytics.

Allows real-time project visibility with flexible reporting and data sharing.

Centralizes and controls the monitoring of KRIs, KPIs, and KCIs.

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RISK REPORTING & ADVANCED ANALYTICS

Generate a wide variety of project risk reports and utilize interactive analytics dashboards that provide key insights into your data.

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EMBEDDED AI

Improve the efficiency of day-to-day tasks using a built-in AI tool that learns from each user interaction.

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SIMPLE RISK ASSESSMENTS

Set up multiple scoring schemes/matrices for specific projects and business units. An intuitive risk assessment entry wizard ensures all risk owners can easily complete all risk assessments.

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RISK MITIGATION

Link issues to risks and assign mitigation actions. Escalate and receive notifications of overdue actions.

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CONTROL TESTING

Automate the periodic testing of key controls to ensure they are working effectively and gather and approve evidence of control effectiveness.

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ISSUE MEASUREMENT

Riskonnect’s Project Risk solution has an out-of-the-box issue-management capability, which can report incidents of any type, including health and safety as well as security threats.

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USER PROFILES & SECURITY

Stay assured with a highly secure infrastructure that conforms to all the latest security standards, is always backed-up and has tight control over who can access and edit critical project risk data.

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WORKFLOWS, APPROVALS, and ESCALATIONS

Make sure that nothing gets missed by using automated tasks to notify users when their actions are due. Escalate missed deadlines so that you minimize the impact of incomplete, inaccurate and out-of-date data.

How’s Your View?

Find out how Riskonnect can transform the way you view risk.

Schedule a Demo