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What is PRC Software?

We provide a diverse range of risk management software solutions, which can be utilized as either cloud-based or on-site installations. Our online risk management tools enable users to efficiently monitor a variety of risks. Moreover, we offer tailored solutions for cost estimation and schedule duration simulations. It's crucial to recognize that making the risk management process overly complex can lead to inefficiencies and less than optimal results. At PRC, we emphasize risk analysis, auditing, and training based on our vast experience in sectors such as aerospace and defense, oil and gas, and engineering and construction. We strongly advocate for simplicity, as intricate processes can undermine effectiveness and squander valuable resources. Our training workshops empower participants with the knowledge to identify and address scheduling mistakes, ensuring that results are both accurate and reliable. By participating in these sessions, attendees gain valuable risk analysis skills that not only improve their project management abilities but also affirm their current project needs, ultimately promoting a more efficient risk management strategy. In doing so, we strive to create a culture of proactive risk management that benefits all stakeholders involved.

What is EY Trusted AI Platform?

The EY Trusted AI Platform provides organizations with critical insights into the sources and elements that contribute to risk, while also aiding AI design teams in the evaluation and quantification of these risks. By employing interactive, web-based tools for schematics and assessments, the platform creates an in-depth risk profile for any AI system. It utilizes an advanced analytical model that converts user input into a composite score, reflecting the technical risk, impact on stakeholders, and the effectiveness of controls surrounding the AI system. In assessing technical risk, the platform scrutinizes the AI system's design, considering various risk drivers such as the technologies involved, the operational context, and the autonomy level of the system. Furthermore, when evaluating stakeholder risk, it takes into account the objectives set for the AI, alongside the financial, emotional, and physical impacts on both internal and external users, as well as potential reputational, regulatory, and legal issues that may emerge. This thorough methodology not only ensures that every aspect of risk is examined but also facilitates informed decision-making for organizations navigating AI implementation challenges. Consequently, the platform stands as a pivotal resource in enhancing the overall safety and efficacy of AI solutions.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS
On-Prem

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

PRC Software

Company Location

United States

Company Website

www.prcsoftware.com

Company Facts

Organization Name

EY

Company Location

United Kingdom

Company Website

www.ey.com/en_us/consulting/trusted-ai-platform

Categories and Features

Risk Management

Not specified

Categories and Features

Model Risk Management

Not specified

Risk Management

Not specified

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