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Unique Benefits of Using Risk Impact

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Presentation on theme: "Unique Benefits of Using Risk Impact"— Presentation transcript:

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2 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

3 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

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

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

6 Perform Impact Analysis
Worked Example PDO Oman Requirement Perform Impact Analysis

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

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

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

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

11 Step 4 : Produce Report

12 Risk Impact Report

13 Report Excerpt

14 Report Excerpt


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