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What is NetRisk?

In NetRisk, the probability of a risk event occurring can be independent among the various activities it is linked to, and it might fluctuate between those activities as well. This differentiation provides a more precise depiction of risk responses, especially for activities scheduled years apart or situated across different project locations. Furthermore, NetRisk's automated risk sensitivity analysis feature consistently reassesses the entire simulation by methodically excluding the risk that poses the most significant threat. This methodology produces a tornado chart that illustrates the exact number of days each risk affects the timeline for project completion. Contrary to CPM risk analysis, which presumes that all activities start early, NetRisk takes into account the utilization of float, allowing for a more accurate evaluation of completion probabilities. By enabling activities not on the critical path to commence later, NetRisk can adeptly simulate scenarios regarding resource optimization, progress pacing, and other strategic considerations, leading to a more reliable project model. This comprehensive level of analysis not only enhances the understanding of potential risks but also empowers project managers to make well-informed decisions regarding risk management and efficient resource allocation. Ultimately, this results in improved project outcomes and greater overall effectiveness.

What is Granite Risk Management?

Granite is an effective tool for efficient risk management. Experience its features for free and simplify your compliance and governance processes without the complications of traditional spreadsheets. This modern digital platform caters to the current demands of risk management. Its user-friendly interface enhances the speed of risk identification and evaluation, allowing for easy execution of corrective actions. With automated reporting capabilities, tracking results and achieving goals becomes effortless. Granite Risk Management simplifies the clear identification and organized assessment of risks, streamlining the corrective action processes. Users can quickly recognize both potential threats and opportunities due to its robust functionality. The software is designed to facilitate proportional risk assessments with minimal effort. Implementing risk management strategies is straightforward with Granite, which also helps in automating the promotion of these actions. Additionally, creating real-time snapshots of the entire organization is a seamless task with Granite Risk Management, helping you to stay proactive in the fast-paced environment of today. This all-encompassing approach empowers organizations to remain flexible and responsive in their risk management practices, ultimately contributing to long-term success.

Media

Media

Integrations Supported

NetPoint

Integrations Supported

NetPoint

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$47 per user per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

PMA Technologies

Date Founded

2011

Company Location

United States

Company Website

pmatechnologies.com/netrisk/

Company Facts

Organization Name

Granite Partners

Date Founded

2005

Company Location

Finland

Company Website

granitegrc.com

Categories and Features

Categories and Features

GRC

Auditing
Disaster Recovery
Environmental Compliance
IT Risk Management
Incident Management
Internal Controls Management
Operational Risk Management
Policy Management

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

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