What Is RiskyProject?

RiskyProject is a complete suite of project risk analysis and project risk management software in one seamless package. It is easy to use, it integrates with all popular scheduling and planning tools, and it covers the complete risk life cycle, all at a market leading price. With RiskyProject, you no longer need two or more applications to perform Monte Carlo project risk analysis and to manage your risks.

RiskyProject Benefits

• Manage your project risks and issues: Identify and track risks and issues using the Risk Register.
• Predict the course of your project: Determine how risks and uncertainties will affect your project schedule and budget.
• Instantly see which project parameters are the most critical: Project start and finish dates, durations and costs with and without factoring in risks, crucial tasks, critical risks, and project success rates.
• Perform project control with Risks: Track project performance and risk together and analyze the effects of your mitigation efforts.
• Analyze and manage risk in your project portfolio: share risks within your organization and analyze their impact of different projects within a portfolio.

RiskyProject Features

• Schedule risk analysis using Monte Carlo simulations helps determine the impacts of risks and uncertainties on your schedule and generates risk-adjusted project schedules.
• Cost and cash flow risk analysis is integrated with schedule risk analysis. Cost and cash flow charts provide you easy access to how risk can impact cost and revenue streams. The joint confidence level chart allows you to analyze project duration and cost at the same time.
• Sensitivity analysis helps to rank risks within a risk register and to determine crucial tasks.
• Risk Register covers the entire risk life cycle for project, program or portfolio risks: threats, opportunities, issues, and lessons learned with their properties. You can rank risks within the risk register based on their probabilities, impacts, and scores. Risks from risk register can be quickly linked to project task and resources.
• Project risk management process includes: risk identification and analysis, mitigation and response planning, and risk communication. RiskyProject includes risk reviews, document management, notifications, and risk history.
• You can create and assign risk mitigation and response plans to any risks and determine what impacts they might have.
• RiskyProject allows you to report results of Monte Carlo schedule risk analysis in customizable histograms and charts. RiskyProject also offers fully customizable risk dashboard.

RiskyProject Integration with Scheduling Software

RiskyProject includes complete scheduling capabilities, which allows you to create and modify project schedules. In addition, RiskyProject seamlessly integrates with Microsoft® Project so that you can run schedule and cost risk assessments. These assessments can be undertaken directly in Microsoft® Project, or you may effortlessly export your schedule into RiskyProject for more comprehensive risk analysis and management.