Hi, I am using project in a box for risk management. I am just giving it a go to see if I can organise myself with it. I am having issues with the risk log,
I have no idea what the "Event" and "Value" fields are for.
All help will be appreciated, also are there any other free tools i can use for risk managment? Saving Changes...
Hi Jawad,
You could trial 'Quantate Project' for project risk - take a look at www.quantate.com/project
It will give you a free trial for 60 days but after that there is a monthly subscription, though not expensive. You will need a basic understanding of quantitative methods but we can help you out there too if needed.
Please come back to me if you are interested.
Regards, Dave Saving Changes...
Hi Jawad,
I don't know the software but "Event" must be what would tell you that the risk occur, and "Value" the amount it will cost if it happen.
Regards Saving Changes...
Thanks a lot for the replies, You have been very informative. It is an open source community-based tool. I am using it so to log all my risks in and control their status without having to go through the hassle of developing my own excel based solution. Shortcut, basically. Saving Changes...
Malcolm WestManaging Director| Prosis Solutions Limited (PROJECT in a box)Woodstock, Oxfordshire, United Kingdom
When defining a risk we give you the choice of breaking the 'risk' down into Cause event and effect to try and help you get a handle on the aspects of the challenge you are facing. Cause is Mandatory and the place where people more used to just naming their Risk would put the Risk title. Event and effect are optional.
Value is indeed as mentioned above the anticipated cost of the Risk should it occur.
Hope that helps. Planner is unique in bringing Risk, issue and task/cost management all into one place and being free. It also includes extensive analysis and reporting capabilities. there is a new hints and tips video on You tube introducing the analysis aspect, have a look here: https://www.youtube.com/watch?v=9g6nrOS6It4
