Software to Manage Risk

Subscribe to our Newsletter!


Risk analysis based tools offer project managers pre-emptive insights into managing risk in projects where such control is paramount. Such tools are available to managers of geo-disperse teams whom manage complex projects in such industries as oil and gas, offshore, construction, energy and more.

Risk management specialists are said to be proficient in mitigating risk based on a series of predefined protocols. Such protocols as HAZOP exist where specific definitions exist related to hazardous project parameters. Traditionally these were used in chemical engineering, but more recently the definition or use has spread to other industries.

Managing risk can be managed using software tools, some of which are more focused on such matters. Not every software tool out there is capable of managing such complex projects. Often these tools will require onsite training but other times not so, if at least the project manager has some technical knowledge.

Critical path analysis may form some parts of project management, and indeed so where multiple simultaneous projects or tasks are running in sync. Recent innovation in online software tools now make managing more complex risk based projects possible such tools are offered from WebActionHero.

webactionhero1 300x80 Software to Manage Risk

WebActionHero offers an action management reporting tool, whereby team members and those responsible for project delivery can ensure that risk is reduced or eliminated. Various dashboards offer a view of tasks that require immediate attention. For example a rusty valve that needs replacing on a propane tank, a loose railing etc. these tasks can be assigned to single people or numerous stakeholders involved.
Of course managing risk through software is not as straight forward as simply creating projects, but having the right tools will enable effective oversight and ensure less risk. The more complex and more people involved makes using software based tools more intelligent as far as business decisions go.

0 comments

Add your comment

Nickname:
E-mail:
Website:
Comment:

Other articlesgo to homepage

The Importance Of Backing Up Your Data

The Importance Of Backing Up Your Data(0)

Subscribe to our Newsletter! Name: Email: Backing up your business data is not just a big deal, it is of the utmost importance. I know you have probably heard a million times from family, friends, and even business colleagues that you need to keep backups of your data. If you are sitting there thinking that

How to sell your digital goods via smartphone app

How to sell your digital goods via smartphone app(0)

Subscribe to our Newsletter! Name: Email: It is not secret that the number of smartphone owners and users are increasing every day. Huge smartphone companies such as Apple and Samsung have realized that smartphone is a need in this digital age due to which these brands have kept themselves involved in updating their products. With

Motorola 2 way radio earpiece, the best way to receive quality sound

Motorola 2 way radio earpiece, the best way to receive quality sound(0)

Subscribe to our Newsletter! Name: Email: For most people, clarity of sound when using their radios is very important. Only through clear sound will you be able to receive and understand the message being conveyed. For proper sound, you might consider using a good set of earpiece. Motorola radio earpiece is the ear piece to

Waiting For Humanoid Robots While Living In A World Of Unseen Robots

Waiting For Humanoid Robots While Living In A World Of Unseen Robots(0)

Subscribe to our Newsletter! Name: Email: Is the world ready for personal robots? Silicon Valley Robotics’ managing director, Andra Keay spoke about the reality of solid personal robots during the O’Reilly Solid Conference in San Francisco held on May 21 – 22, 2014 in San Francisco. She told the conference attendees that “robots are the

So You Own A Small Business: What an IT Pro Can Do For You

So You Own A Small Business: What an IT Pro Can Do For You(0)

Subscribe to our Newsletter! Name: Email: Small businesses have different IT needs than do large companies and corporations. They require some of the same services such as installing POS systems and securing databases, but larger companies usually have IT departments in place to address their issues. This means that they can opt to avoid outsourcing

read more

Subscribe!

Sign up for our newsletter! We only send quality, no spam


Contacts and information

Social networks

Most popular categories

© 2012 computimesinc.com All rights reserved.