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What is Riskion?

Riskion® is Expert Choice's all-encompassing risk management tool designed for organizations that require more than simple or spreadsheet-based risk evaluations. It implements a structured and systematic framework to identify risks, their root causes, related events, and possible consequences across the organization, employing mathematically sound, ratio-scale assessments rather than just conjecture. By promoting collaborative contributions from stakeholders, it enables decision-makers to leverage the collective knowledge and see the relationships between various risk factors, triggers, and mitigation approaches. Additionally, Riskion allows for the evaluation of events with both low and high probabilities, supports scenario analysis, and enhances resource allocation for efficient risk management. The inclusion of visual elements, like "bow-tie diagrams," effectively illustrates risk pathways and exposures. Furthermore, Riskion seeks to improve accountability, provide trustworthy risk evaluations, and simplify decision-making processes by reducing uncertainty and enhancing clarity within the organization. This ultimately empowers teams to proactively address potential challenges and adapt to evolving risk landscapes.

What is Argumont?

Argumont serves as a digital decision intelligence platform tailored for organizations navigating critical choices such as selecting vendors, renewing contracts, managing risks, distributing capital, and engaging in strategic planning. The tool streamlines the decision-making journey by clearly defining the core question, listing available options, setting evaluation criteria, identifying constraints, and highlighting key uncertainties, while also assigning analytical responsibilities for developing and assessing competing arguments. Users can utilize the platform to collect external data, assess evidence, scrutinize assumptions and potential risks, weigh various options, and ultimately produce a comprehensive Verdict that articulates reasoning and recognizes uncertainties. Despite the structured support provided by Argumont, users retain full authority for making or endorsing the final decision. Furthermore, Argumont diligently documents the entire decision-making process, including evidence, challenges faced, approvals obtained, and outcomes achieved, while also providing a downloadable Decision Passport for easy access. This groundbreaking tool is particularly beneficial for financial institutions and corporate teams needing meticulous documentation and the ability to revisit important decisions over time. By fostering a methodical approach to intricate decision-making, Argumont not only promotes transparency and accountability but also empowers organizations to learn from past decisions and improve future outcomes.

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Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

$6,000/month
Single Seat: $6,000/month

Pricing Information

$0
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Windows
Mac

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Online Training

Training Options

Documentation Hub

Company Facts

Organization Name

Expert Choice

Date Founded

1983

Company Location

United States

Company Website

www.expertchoice.com/riskion/

Company Facts

Organization Name

Argumont

Company Location

United States

Company Website

argumont.com

Categories and Features

Decision Support

Not specified

Risk Management

Not specified

Categories and Features

Decision Support

Not specified

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