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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
iMitig8 Risk Global offers a user-friendly dashboard designed to assist Risk Engineers in conducting inspections efficiently. With our report notes feature, specialists can easily gather risk-related information, assess the probability and impact of risks, log time and expenses, upload images and videos connected to risk items, and access underwriting details with just one click. Each project receives a risk score through our custom algorithm, which integrates over 500 data points for accurate assessments. At the conclusion of every inspection or virtual meeting, stakeholders are presented with immediate risk scores and actionable recommendations for improvement. Coordinating appointments can often involve multiple stakeholders, making management challenging. Our appointment feature integrates flawlessly from the mobile app to the stakeholder portal, sending out notifications and reminders to all involved parties prior to meetings, thus streamlining the entire process and enhancing communication. This comprehensive approach ensures that all necessary information and updates are readily available to facilitate better decision-making.
API Access
Has API
API Access
Has API
Integrations
NetPoint
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
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
iMitig8 Global
Country
United States
Website
www.imitig8risk.com