Unique Benefits of Using Risk Impact

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Presentation transcript:

Unique Benefits of Using Risk Impact Perform sophisticated Monte Carlo simulation based quantitative risk analysis: Impact Analysis and Cost Risk Analysis Enter Data via a Single “Risk Register” Input Screen : All outputs follow directly and automatically from there Enter data during workshop – view results immediately Produce detailed MS Word reports or HTML reports which can be placed on the company intranet Get up to speed in 20 minutes – The Risk Impact software is straightforward and intuitive to use No limit on the number of users or workstation installations

Data Input Screen Add / Remove Activities / Risks Activity Description Risk Register Activity Title No Risk Time Activity List Risk Tolerability Risk Title Risk Probability Risk Description Risk Consequences PDF Shape Risk Recovery Actions Risk Recovery Time (Minimum, Most Likely, Maximum) Risk Mitigation Actions

Graph Screen Select Graph Type Switch To Input Screen Graphical Display Activity List Generate Report Risk Title

Select Activities to appear in report Select Graphs to appear in report

Perform Impact Analysis Worked Example PDO Oman Requirement Perform Impact Analysis

Step 1 : Select “New Project” Step 2 : Enter Data into Risk Register Step 3 : View Results Step 4 : Produce Report

Step 1 : Select “New Project” Choose “Impact Analysis Only”

Step 2 : Enter Data into Risk Register Switch To Graph Screen Note: Only input boxes for Impact Analysis appear

Step 3 : View Results Safety Factor Bar Graph for Activity 6 Activity 6 selected Safety Factor Bar Graph selected Generate Report

Step 4 : Produce Report

Risk Impact Report

Report Excerpt

Report Excerpt