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What is iCoRisk?

iCoRisk acts as a cutting-edge accelerator for corporate risk management by utilizing the Microsoft Power Platform, enabling organizations to monitor, mitigate, and manage different risk types—such as project, operational, and corporate risks—through a unified system. The platform offers adaptable risk scoring frameworks that support assessments of pre-, post-, and target-risk, while also linking risks to relevant controls and mitigation tactics, and automating essential tasks like notifications, email alerts, and approval processes. Users have the ability to effectively associate risks with various departments, correlate project-specific risks with ongoing business risks, and utilize real-time, dynamic dashboards and reports powered by Power BI, giving stakeholders an insightful overview of risk registers and current mitigation strategies. Moreover, as part of Microsoft 365 and the Power Platform, iCoRisk guarantees smooth integration with Azure, Teams, and an array of third-party applications, enhancing collaboration and embedding risk management practices into daily business operations, which significantly boosts overall operational productivity. This comprehensive strategy not only optimizes risk management procedures but also equips organizations to tackle challenges in a proactive and effective manner, ultimately fostering a culture of resilience.

What is RiskyProject Professional?

RiskyProject offers a comprehensive suite of software for project risk analysis and management, combining all essential tools in a user-friendly package that integrates seamlessly with Microsoft Project, Primavera, and various other planning applications, thereby addressing the entire risk life cycle. It features both qualitative risk analysis and quantitative Monte Carlo simulations for assessing schedule and cost risks, along with a detailed Risk Register. With RiskyProject, users can eliminate the need for multiple applications to conduct Monte Carlo project risk analyses and manage risks effectively, as everything is consolidated into one accessible and cost-effective desktop solution. The process of project risk analysis involves identifying and evaluating potential threats and opportunities that could impact project timelines. By utilizing project risk analysis, teams can understand how uncertainties related to tasks and resources may influence critical aspects such as scope, deliverables, expenses, and overall duration. Additionally, this analysis aids in prioritizing project components based on their risk levels, calculating the total risk exposure of the project, and assessing the effectiveness of mitigation strategies and response plans. Furthermore, RiskyProject accommodates both quantitative metrics and qualitative assessments to enhance risk management practices.

Media

Media

Integrations Supported

Microsoft 365
Microsoft Azure
Microsoft Dynamics 365
Microsoft Power BI
Microsoft Power Platform
Microsoft Teams

Integrations Supported

Asta Powerproject
Microsoft Excel
Microsoft Project
Oracle Primavera
Safran Project

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

$1200 one-time payment
Price includes first year S&M. Enterprise and volume pricing is available on request.
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

Windows
On-Prem

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

iCoTech Services

Date Founded

2018

Company Location

United Kingdom

Company Website

icotechservices.co.uk/icorisk/

Company Facts

Organization Name

Intaver Institute

Date Founded

2002

Company Location

Canada

Company Website

intaver.com/products/

Categories and Features

Risk Management

Not specified

Categories and Features

Integrated Risk Management

Dashboard
Incident Management
Operational Risk Management
Risk Assessment

Project Planning

Agile Methodologies
Gantt Charts
Prioritization
Progress Tracking
Traditional Methodologies

Risk Management

Alerts/Notifications
Corrective Actions (CAPA)
Dashboard
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

Scheduling

Not specified

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