RiskEasy

RiskEasy® for Projects or Workgroups is based on a simple proven approach to risk reduction, supporting ISO 31000 and other standards.

>>> click to view RiskEasy Brochure.pdf
>>> click to view RiskEasy Datasheet.pdf

It supports qualitative risk assessments and provides the ability to record and report by risk category, asset/area at risk, location, department, division, risk assessor, risk owner, risk contact, action owner, action type and responsible party.

A secondary level of analysis is available using risk type, asset/area at risk type, risk group and division group.

A risk may be associated with an industry standard, law or regulation and an action may be associated with an implementation method.

RiskEasy® provides risk review and action due reminders by task list, or email to risk and action owners.  It provides reports and statistics on risks, actions, costs and benefits.  There are many ways to slice and dice the information to produce snapshot reports of top risks, to monitor action progress and to audit the effectiveness of the system itself.

Flexibility and Adaptability >>>

You will be able to tailor your system to your specific requirements.  The organisational structure may be altered to suit your business. For example, Division may be renamed to Branch, Campus or Client. Consequence may be renamed to Impact and Likelihood may be renamed to Probability.

The risk matrix may be selected from 3x3 to 9x9 but 5x5 is the most common. A triage style risk matrix is available in the health industry where ‘1’ is the most extreme risk. See the risk matrix options.

Any number of risk categories may be setup, and any number of risks may be entered against any category, asset, department, division, etc. An estimate of the likelihood and consequence is assigned to each risk and the risk rating is derived by the system. Any number of actions (controls or treatments) may be applied to any risk, whereby the action may reduce the likelihood or the consequence, thereby reducing the risk rating to an acceptable level.

Risk-Cost-Benefit >>>

Conduct cost-benefit at the action level, the risk level or across the whole portfolio of risks.

Charts and Reports >>>

Many risk reports allow risks to be selected and filtered by category, asset, department, division, etc. A "Top 10 Risks" report cuts right across the risk system to report the highest ten risks giving a quick snapshot for the Management Team.

RiskEasy® monitors itself with aggregated data relating to risk categories and treatments, the number of risks relating to each category, active risks, high risks, critical risks, risk reviews due and overdue, actions due and overdue, actions in progress and completed, risk and action contacts and owners.

RiskEasy® for Projects or Workgroups is a 5-user web-browser system installed on your workgroup server, and uses the same underlying software as the Enterprise Risk Manager.  You can start with this version and upgrade to the Enterprise Risk Manager at any time merely by purchasing extra user licences.

Features >>>

RiskEasy® incorporates the following features:

- Easy to learn web-based user interface;
- Designed in accordance with ISO31000 Risk Management Standard;
- Manages all risk areas (OHS, Environmental, Business Continuity, Information Technology, etc);
- Comprehensive Management Reporting;
- Context sensitive risk rating system (risks rated at the operational and strategic level of the organisation);
- Role-based Security; and
- Risk management alerts via e-mail.

Benefits >>>

Benefits of using the RiskEasy® include:

- A consistent approach to risk management across the workgroup or project;
- Greater accessibility to risk management information facilitating improved risk management decision making;
- Improved management of risks saving time, money and preservation of reputation; and
- Effective risk management demonstrated on demand with a couple of key strokes.