Project risk management is a process that identifies, assesses and addresses all of the risks emerging during the lifecycle of the project so that the project stays on track and achieves its goals. Effective project risk management is not a reactive process. Risk management is part of project planning, so that the risks, threats and opportunities of the project can be identified and managed.
Identify and manage project risks
Take control of project risks, compare them with consistent metrics and avoid sudden changes
Identify and proactively assess project risks and monitor developments systematically in real time
Create a comprehensive description of your project’s risk situation, detect threats and plan management mechanisms to avoid them
Comparable data with a consistent risk management process
Project risk management assists in anticipating changes by harmonising the risk management process.
Bring project risks to the same platform and create comparable risk records between them
Let automation take care of the promotion of risk management measures, engage the entire organisation and assign responsibility for development work and monitor its progress
Use historical and log data for risk management of future projects and save time
Incorporate risk management into project work and facilitate evolving risk management work
The project risk management tool makes the risk situation and development of projects visible all at once and supports decision-making.
Standardise risk management with deadlines and automatic reminders
Adopt the best lessons learned from extensive reporting and graphs, and build a robust risk management model
Assess the overall situation and details in real time from automatic log entries, discover bottlenecks and strengths
Include a risk management mindset in the core of project work
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