Project Management

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Risk Managment software

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Tal Aspir Senior Consultant - Partner and Lecture| Mateor, The Academic College of Tel Aviv Yafo Tel Aviv, Israel
Hello,
Risk management is a hot issue. We can find articles, forms and templates about it and yet there is now software that can help us to run and control it.
If any one know good software that include most of the aspects of risk management please tell me and the rest of the member of this site.
Thanks in advance.
Tal
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Ronald Lambert PMP Airdrie, Alberta, Canada
Tal, I'd suggest having a look at Palisade's package called "@Risk" which comes in the form of an add-in for Excel or Project...up to you.

In a nut shell, it allows you to input the range of values that project variables can take (e.g. task durations) and run Monte Carlo simulations showing the range of outcomes. A typical graph would show probability of completion versus total project time. The website has a rich set of examples for you to evaluate as well.



Their website URL is "www.palisade.com"
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Anonymous
Tal,

I just completed a course in Risk Management that provided an excellent overview of a variety of Risk Management software tools. The text we used was Making Hard Decisions and it includes a sample disk in the back cover that has trial versions of a couple of risk management software tools including @Risk, Precision Suites etc. The text provides exercises that utilize the software and was an excellent learning tool. Good Luck with it. It's a fascinating topic.
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Anand Chittoor Founder and COO| Vue-Matrix Project Risk Management Software West Des Moines, Ia, United States
I would encourage you to try Vue-Matrix. www.vue-matrix.com

Vue-Matrix - is web-based project risk management software which includes Complete Project Risk Life-Cycle Management.

Vue-Matrix is always for Unlimited Users and all Plans include all features.

It comes with 2 options for purchase – On Demand (SaaS) and On Premise (Installation on your server)
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Josh Nankivel Engineering Project Manager| Apple Sioux Falls, Sd, United States
I recommend you do it manually first, spreadsheets and whatnot.

Then once you know how you can most effectively manage risk in your organization, you can start thinking about a tool. You may decide you don't need a tool more complicated than a spreadsheet application.

Josh, pmStudent.com

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