Features and benefits
RiskOrganizer is simple to use and can be used by any risk management specialist within your organisation. Features include:
- Supports an efficient and structured process.
- Single data entry screen for use in workshops or individual input.
- Filterable reports may be by Risk Breakdown Structure (RBS) as well as responsibility, highest risk, line management, project and programme levels.
- Integrated process across the organisation e.g. process monitoring reports, enabling senior management to assess progress and compare risks across projects.
- Risk rating analysis to monitor progress of risk management strategies.
- Risks may be updated ‘Real time’.
- Stand alone product using Run Time Access or SQL.
Benefits
Undertaking risk management can help your company to:
- Make more confident and rigorous decisions and plans
- Identify opportunities and threats
- Gain value from uncertainty and variability
- Take a proactive rather than reactive approach to management
- Effectively allocate resources
- Reduce the cost of risk, including commercial insurance premiums
- Improve stakeholder confidence and trust
- Improve compliance with relevant legislation
- Ensure better corporate governance
In addition, RiskOrganizer:
- Supports risk management as a discipline – the tool is easy to use in a workshop environment or individually.
- Is extremely cost effective (ROI is normally measured in weeks).
- Monitors the risk process to support KPIs in risk management.
- Enables risk management for a discrete area or integration across an organisation (can accommodate an RBS to 4 levels).
- Helps meet statutory obligations (such as environmental and OH&S).
- Enhances business outcomes by encouraging early identification of risks and treatment measures.
- Is a Windows based tool and readily integrates into current IT systems.
- Aligns with AS/NZS 4360:2004.
- Can readily accommodate existing data (in most cases).
- Closes the ‘lessons learnt loop’.
