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Description
In NetRisk, the likelihood of a risk occurring can be independent among the activities it is associated with, and it may even vary across those activities. This distinction allows for a more accurate representation of risk responses, particularly for activities that are planned years apart or located at different project sites. The automated risk sensitivity analysis feature in NetRisk continuously re-evaluates the entire simulation by systematically excluding the risk that poses the greatest threat. This process generates a tornado chart that details the precise number of days each risk influences the project's completion timeline. Unlike CPM risk analysis, which assumes early starts for all activities, NetRisk realistically accounts for the use of float, leading to a more accurate assessment of completion probabilities. By permitting activities that are not on the critical path to begin later, NetRisk can effectively model scenarios for resource optimization, pacing of progress, or other strategic considerations, ultimately resulting in a more dependable project model. This level of analysis enables project managers to make more informed decisions about risk management and resource allocation.
Description
RiskyProject is a complete suite of project risk analysis and project risk management software in one seamless package that is easy to use, integrates with Microsoft Project, Primavera, and other scheduling and planning tools, and covers the complete risk life cycle. RiskyProject includes qualitative risk analysis and risk management as well as quantitative Monte Carlo schedule and cost risk analysis. RiskyProject also includes comprehensive Risk Register. With RiskyProject, you no longer need two or more applications to perform Monte Carlo project risk analysis and manage your project risks. They are now in one easy to use and affordable desktop software.
Project risk analysis is a process of defining and analyzing threats and opportunities affecting project schedules. Project risk analysis helps to determine how uncertainties in project task and resources affect project scope, deliverables, cost, duration, and other parameters. Project risk analysis also helps to ranks project tasks and resources based on their risk exposure, calculate overall project risk exposure, and determine efficiency of risk mitigation and response efforts. RiskyProject supports both quantitative and qualitative risk analysis and management. Cost and sch
API Access
Has API
API Access
Has API
Integrations
Asta Powerproject
Microsoft Excel
Microsoft Project
NetPoint
Oracle Primavera
Safran Project
Integrations
Asta Powerproject
Microsoft Excel
Microsoft Project
NetPoint
Oracle Primavera
Safran Project
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$1200 one-time payment
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
PMA Technologies
Founded
2011
Country
United States
Website
pmatechnologies.com/netrisk/
Vendor Details
Company Name
Intaver Institute
Founded
2002
Country
Canada
Website
intaver.com/products/
Product Features
Product Features
Integrated Risk Management
Audit Management
Compliance Management
Dashboard
Disaster Recovery
IT Risk Management
Incident Management
Operational Risk Management
Risk Assessment
Safety Management
Vendor Management
Project Planning
Agile Methodologies
Budget Management
Collaboration Tools
Due Date Tracking
Gantt Charts
Kanban Board
Prioritization
Progress Tracking
Resource Management
Task Management
Template Management
Traditional Methodologies
Risk Management
Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment
Scheduling
Alerts/Notifications
Appointment Scheduling
Automated Scheduling
Calendar Management
Class Scheduling
Employee Scheduling
Facility Scheduling
Group Scheduling
Interview Scheduling
Meeting Room Booking
Multi-Location
Online Scheduling
Payment Processing
Real-time Scheduling
Reservations
Resource Scheduling
Room Booking Management