RiskAid is a web-based or intranet-based application which can be used anywhere you can access the internet. High-bandwidth broadband is not essential and no special client software or downloads are required, just a current generation internet browser such as Microsoft Internet Explorer or Firefox.

RiskAid has been specially designed for use in projects, operations and programmes.

• easy to use risk management software tool
• leads users through a logical process to identify, assess, respond to and manage risks
• provides clear guidance for preventing the risk from happening and/or mitigating against its effects
• deals with the complex calculations, reports in financial, time and any other performance indicators required
• shows the benefits of action, action dates and providing the data needed for decisions.
• allows users to concentrate on using their skill, imagination and experience to identify risks and solutions
• always shows the priorities so that users can get the best return on their efforts
• shows if proposed actions are cost-effective with a couple of mouse clicks
• provides all the reports you will ever need.

RiskAid understands that we rarely make precise estimates and so users are encouraged to express this uncertainty by choosing ranges of impact and probability. RiskAid uses a novel application of fuzzy-set, statistics and game theory mathematics to handle this uncertainty. Risk Reasoning won a DTI SMART award for these mathematical techniques.

RiskAid provides rapid feedback of the potential effects of any assessment or decision and allows users to create their own scenarios to analyse and explore their risk reduction tactics, before proposing their solutions to a wider audience. Its wide range of reports, highlight risk priorities, present action plans and deadlines, provide contingency recommendations and show trends in risks, actions and the whole assessment.

RiskAid and its underlying methodology meets all current recommendations and legislation. It was the first risk management tool to be accredited by the APMG so you can be assured that it conforms to current business requirements, risk standards and best-practice.

Download the RiskAid Brochure

Click here for an Online Demonstration.

For more information and prices contact info@riskreasoning.co.uk