Risk Management and Risk Management Software

PROJECT PERFECT
Project Administrator Software
The Project Manager's Personal Assistant

Project Risk Management	10 Minute Tour Screen 2 of 23
Risk Control
Project Management software should assist you with managing project risks. Project risk management is about risk identification, risk analysis, risk assessment and risk control. In the end you need a risk management plan. Risks need to be recorded using risk software and managed. PA allows you to set up probability and impact to create a standard priority. You can also record the Probability and Impact after mitigation. You can create multiple action items to perform risk mitigation. On this screen you can see there is one action items (you see 1 of 1)

Benefits

All risks are recorded in a common format
Guides people through a process of assessing risk, analyzing risk, and producing a risk control plan
Risks can be converted to issues if they eventuate
Forces people to create action items to mitigate risks

Below is a white paper which relates to managing risk tracking in a project.

Basic Risk Management

A guide to creating a basic risk management plan. Simple guide for doing your plan.

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