Risk Reasoning Ltd Solutions for risk & opportunity management.

We all live with uncertainty in our lives and cope with it to a greater or lesser degree. Whilst we can identify risks using our experience and imagination, getting those risks into proportion proves to be difficult. We can propose solutions to deal with each risk, but working out whether a solution is cost-effective is a challenge.

It becomes more challenging when we have solutions that deal with more than one risk, or risks that need more than one solution. Because of the perceived complexity, risk management is often ignored.

However, ignoring risks in business is quickly becoming a "non-option" for professionals, as current best-practice is steering managers towards risk management.

Risk Reasoning offers a range of products and services to enable you to manage risks within your projects, programmes and through your whole organisation's activities, in a uniform, collaborative and integrated manner. We promote solutions that are easy to adopt, operate and maintain for everyone involved.

We offer two products, and

can bridge the "complexity" gap. It is an easy to use risk management tool, dealing with the complex calculations and allowing you to concentrate on using your skill, imagination and experience in identifying solutions. With a few key clicks, you can immediately see whether or not your proposed actions are cost-effective. RiskAid makes risk management reporting quick and easy, providing reports and displays that can be used in reports, documents and spreadsheets.

is the first risk management tool to be accredited by the APMG, so you can be assured that it conforms to current business requirements and best-practice.

increases your effectiveness and profitability by:

• Reducing management workload
• Increasing the accuracy of costs and contingencies
• Involving your teams in the process
• Improving customer perception
• Enhancing communication with people, consortia and customers
• Making you more prepared
• Minimizing the unexpected

builds upon the successful RiskAid project risk management software to provide comprehensive risk management support for businesses and organisations.

offers a simple, unified risk management framework that can be used throughout the whole organisation at Strategic, Programme, Project and Operational levels to fulfil the recommendations of the Office of Government Commerce (OGC), Turnbull, the IRM, Sarbane-Oxley and Basel II.

The existing RiskAid features have been extended to offer:

• Hierarchical risk assessments
• New management information displays
• Contingency budgets for each criteria defined
• Consequential impacts to other parts of the organisation
• Team definitions for quick reference and easy access control
• Copying and transfer of risks, actions and risk-action links between assessments
• Enhanced Role-Based Access Control (RBAC)
• Full audit trail facilities

Risk Reasoning Ltd also offers a range of services to help you to become self-sufficient in risk management as quickly as possible, ranging from introductory courses through our QuickStart package (a fixed price package of consultancy, training and software licences) to bespoke developments for specific applications (an example being the CFARisk range of products for assessing risk and potential success fees in "no-win no-fee" cases of personal injury and clinical negligence - www.cfarisk.com).