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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 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 Yes 
iPad App Yes 
Android App Yes 
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 No 
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 No 
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

iMitig8 Global

Country

United States

Website

www.imitig8risk.com

Product Features

Product Features

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