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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Paramount Decisions employs a systematic method that helps organizations drastically shorten the time needed to arrive at a consensus, all the while enhancing the overall quality of group decisions. This innovative platform empowers organizations to create decisions that are transparent, verifiable, and based on solid data. It also provides tools to help you visualize the balance between costs and benefits of different options. You can initiate a new project and begin incorporating decisions into it, ensuring that all project information and associated files are stored in one accessible location, allowing for analysis of past decisions. By adhering to a structured Lean methodology, the process leads you to informed decisions. The 8-step framework navigates you through each phase of decision-making, increasing both the effectiveness and efficiency of your choices. Collaborators can be invited to join the project, related documents can be attached, and tasks can be allocated as needed. Additionally, the platform makes it simple to save various iterations of your decisions while enabling you to draw on data from earlier choices, ultimately fostering a more informed decision-making culture within your organization. This comprehensive approach not only saves time but also cultivates a collaborative environment that enhances overall productivity.

Description

Riskion® serves as Expert Choice's comprehensive risk management solution tailored for organizations seeking more than just basic or spreadsheet-driven risk assessment. It establishes a methodical and systematic approach to pinpoint risks, their underlying causes, events, and potential outcomes throughout the organization, utilizing mathematically robust, ratio-scale evaluations instead of mere speculation. By facilitating collaborative input from stakeholders, it allows decision makers to harness collective expertise and visualize connections among various risk factors, triggers, and mitigation strategies. Riskion also enables the assessment of both low and high probability events, facilitates scenario comparisons, and optimizes resource allocation for effective risk treatment. The use of visual tools, such as "bow-tie diagrams," effectively conveys risk pathways and exposures. Ultimately, Riskion is designed to enhance accountability, deliver dependable risk assessments, and streamline decision-making processes by minimizing uncertainty and fostering clarity within the organization, thereby empowering teams to respond proactively to potential challenges.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

No images available

Integrations

No details available.

Integrations

No details available.

Pricing Details

$30 per month
Free Trial Yes 
Free Version No 

Pricing Details

$6,000/month
Single Seat: $6,000/month
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 Yes 
Mac Yes 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
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 Yes 
Webinars Yes 
Live Training (Online) No 
In Person No 

Types of Training

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

Vendor Details

Company Name

Paramount Decisions

Founded

2015

Country

United States

Website

paramountdecisions.com

Vendor Details

Company Name

Expert Choice

Founded

1983

Country

United States

Website

www.expertchoice.com/riskion/

Product Features

Decision Support

Application Development No 
Budgeting & Forecasting No 
Data Analysis Yes 
Decision Tree Analysis No 
Monte Carlo Simulation No 
Performance Metrics Yes 
Rules-Based Workflow Yes 
Sensitivity Analysis Yes 
Thematic Mapping No 
Version Control Yes 

Product Features

Decision Support

Application Development No 
Budgeting & Forecasting No 
Data Analysis No 
Decision Tree Analysis No 
Monte Carlo Simulation No 
Performance Metrics No 
Rules-Based Workflow No 
Sensitivity Analysis No 
Thematic Mapping No 
Version Control No 

Risk Management

Alerts/Notifications No 
Auditing No 
Business Process Control No 
Compliance Management No 
Corrective Actions (CAPA) No 
Dashboard No 
Exceptions Management No 
IT Risk Management No 
Internal Controls Management No 
Legal Risk Management No 
Mobile Access No 
Operational Risk Management No 
Predictive Analytics No 
Reputation Risk Management No 
Response Management No 
Risk Assessment No 

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