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What is RiskMP?

Creating a risk management strategy is vital for addressing potential challenges while improving the efficiency of project management. Implementing intuitive software specifically crafted for developing your risk management framework can greatly simplify this undertaking. With an integrated tutorial, users can smoothly transition from the early phases of defining and identifying risks to producing detailed reports for stakeholders. This software's compatibility with MS Project and Excel allows for the integration of existing data, which aids in monitoring risks at every stage of the project and enhances team communication. The main objective is to promote the exchange of lessons learned, optimize business processes, and guide future projects using data-driven insights rather than mere assumptions. As time progresses, the accumulated knowledge from various projects becomes an invaluable asset for both business growth and employee training within the organization. Establishing a strong risk management system is crucial for effective project management, and tools like RiskMP make this intricate process more manageable, ensuring efficiency from project estimation to delivery. By embracing such solutions, you not only improve your team's productivity but also pave the way for sustained project success over time. Furthermore, leveraging these tools can significantly reduce the likelihood of unforeseen complications, ultimately leading to a more resilient project environment.

What is Compass SRP?

The COMPASS Subcontractor Risk Program offers a comprehensive solution for managing subcontractor risk within the Construction Industry. By utilizing the centralized data collection method known as COMPASS 1Form, the program streamlines the prequalification process. General Contractors can have confidence in COMPASS SRP as it stands out as the most sophisticated tool available for assessing subcontractor capabilities. Through continuous backtesting and the standardized data collection approach, it generates a subcontractor’s execution ability assessment known as the Q Score. Real-time rankings of subcontractors are provided using recognized CSI Codes, which keep GCs informed about their potential risks. Moreover, subcontractors have the opportunity to analyze the underlying data that informs these scores. Customized dashboards present analytics tailored specifically to the roles within your organization, and the system effectively handles quality reviews alongside internal notes for comprehensive oversight. As a result, companies can enhance their risk management strategies and make more informed decisions regarding subcontractor engagements.

Media

Media

Integrations Supported

Microsoft Excel
Microsoft Project

Integrations Supported

API Availability

API Availability

Pricing Information

$19 per month
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

RiskMP

Date Founded

1992

Company Location

Canada

Company Website

riskmp.com/welcome

Company Facts

Organization Name

Bespokemetrics

Date Founded

2017

Company Location

Canada

Company Website

compass.bespokemetrics.com

Categories and Features

Categories and Features

Construction Bid Management

Bidder Management
File Sharing
Proposal Management
Subcontractor Management

Construction Management

CRM
Contract Management
Contractors
Mobile Access

Contractor Management

Contractor Database
Skills & Competencies

Prequalification

Not specified

Workflow Management

Access Controls/Permissions
Business Process Automation
Document Management
Forms Management
Third Party Integrations
Workflow Configuration

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