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features
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support

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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

Take the initiative to assess and address project risks by collaborating exclusively with the highest quality subcontractors, tapping into a network of more than 1 million construction experts. This approach greatly shortens the duration needed to evaluate subcontractor risks, whether on an annual basis or for particular projects. Utilizing sophisticated risk profiles facilitates a more efficient workflow and provides financial benchmarks, essential metric evaluations, capacity suggestions, and historical safety performance data. Furthermore, automated recommendations for risk mitigation empower teams to spot and minimize risks proactively during the preconstruction phase, ultimately leading to more successful project outcomes. By prioritizing informed decisions, teams can ensure a stronger foundation for their projects.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

NetPoint Yes 

Integrations

NetPoint No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

PMA Technologies

Founded

2011

Country

United States

Website

pmatechnologies.com/netrisk/

Vendor Details

Company Name

BuildingConnected

Founded

2012

Country

United States

Website

www.buildingconnected.com/tradetapp/

Product Features

Product Features

Contractor Management

Contractor Database No 
Insurance Tracking No 
License Tracking No 
Permit Tracking No 
Skills & Competencies No 
Task Management No 
Work Hour Tracking No 

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