The Tools

What do you want from a Project Risk Management toolset?


A Toolset should support Integration:

  • Of project functions (including the cost of carrying risks – contingency)
  • Across the project cycle,
  • Helps all levels of management within an organisation and
  • Enables access by external project team members

A toolset needs to be effective

Effectiveness can be measured by what it enables Users to do such as:
  • ensuring data integrity – project risk data being managed and owned by project team
  • saving time for all managers – they want to see precise information specific to their needs at a time and location that suits them
  • being easy to use in risk workshops and data updating (e.g. single data Management screen)
  • accommodating programme/portfolio risk management
  • encouraging ongoing management (eg treatment monitoring)
  • analysis of data so trends can be seen
  • supporting related project risk processes such as contingency management and safe design

What would your ideal toolset enable you to do?

As a baseline most would agree that project risk management should be undertaken by the project team. This ensures ownership is clear and provides data integrity.

Once that is established then managers requirements will differ depending on their role

Experience suggests the following are required:

RiskOrganizer

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RiskOrganizer

ContingencyEstimator

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ContingencyEstimator

ActivitiesProject ManagerProgramme/Portfolio ManagerLine ManagerEnterprise Risk ManagerExecutive Manager
Managing risk data

✓ (for programme risks only)

Ongoing Management

Accessing Different Information

Analysing Risk Data

Contingency Management

Managing risk data

Ongoing management

Accessing Different Information

Analysing Risk Data

Contingency Management


Our processes and toolsets have been developed from practical experience.

This means that you can be assured:

  • They work
  • They are simple to use
  • They have withstood the test of time

KISS is our mantra. The processes and toolsets are as minimalist and efficient as is possible.

After 30 years in the field we can guarantee that you will not find simpler processes or simpler toolsets anywhere.

Prove us wrong and we will give you a FREE lifetime user subscription!