Risk Plan - Overview

Softools RiskPlanTM

Is the simplest enterprise-quality risk management tool available today. In minutes you will capture, prioritise, mitigate and report on risks (and opportunities) across your business or team, whether at the Project, Operational or Strategic level.

APPLICATION AREAS

Used by anyone with a need to manage risks from professional Risk Consultants to Team Leaders, RiskPlanTM is used in all areas of the business:

• Team risk plan – building confidence in the ability to meet challenging KPIs
• Process Audits – helping to keep core processes working effectively and efficiently
• Programme Risk Register – ensuring on-time in-budget completion of projects
• Crisis management – dealing with critical issues such as Covid-19
• Business continuity – planning ahead and exploring alternative scenarios

KEY FEATURES

RiskPlanTM balances the demand for a simple easy-to-use process with advanced features that deliver real insights:

• Risk register – a simple list of what could go wrong
• Priority calculator – based on Probability and Impact assessment
• Mitigation plan – combining both Preventive and Contingent actions
• RAG reporting – a red-amber-green snapshot of the state of each risk
• Alerts – notifications to inform experts of red-status or escalated risks
• Heat Map – a 2 dimensional chart showing the overall risk register
• Monte Carlo – a simple scenario planning tool for quantifying impact

DRIVING VALUE

Use RiskPlanTM across any team to ensure a consistent approach to risk management based on industry best practices and to provide the Executive team with the visibility they need to make critical business decisions. Once captured and mitigated share known risks across the business – eliminating future crises before they occur.

CLIENT QUOTE

‘Poor risk management is worse that no risk management at all’.

Operations Manager, Network Rail