ORIGINAL SETTING | NEW SETTING | OUTPUT |
Mitigation Status = proposed | In Progress | Mark the actual start date with today’s date. |
Mitigation Status = proposed | Complete | Mark the actual start date with today’s date and the actual finish date with today’s date. |
Mitigation Status = In Progress | Proposed | Remove the actual start date. |
Mitigation Status = In Progress | Rejected | Remove the actual start date. |
Mitigation Status = In Progress | Complete | Mark the actual finish date with today’s date. |
Mitigation Status = In Progress | Approved | Remove the actual start date. |
Mitigation Status = Rejected | In Progress | Mark the actual start date with today’s date. |
Mitigation Status = Rejected | Complete | Mark the actual start date with today’s date and the actual finish date with today’s date. |
Mitigation Status = Complete | Proposed | Remove the actual start and finish dates. |
Mitigation Status = Complete | In Progress | Remove the actual finish date. |
Mitigation Status = Complete | Approved | Remove the actual start and finish dates. |
Mitigation Status = Complete | Rejected | Remove the actual start and finish dates. |
Mitigation Status = Approved | In Progress | Mark the actual start date with today’s date. |
Mitigation Status = Approved | Complete | Mark the actual start date with today’s date and the actual finish date with today’s date. |
Mitigation Status = Risk Closed | Proposed | Remove the actual start and finish dates. |
Mitigation Status = Risk Closed | In Progress | Mark the actual start date with today’s date unless it is already marked and remove the actual finish date if there is one. |
Mitigation Status = Risk Closed | Rejected | Remove the actual start and finish dates if they exist. |
Mitigation Status = Risk Closed | Approved | Remove the actual start and finish dates if they exist. |
Risk Status = Open (Any) or Impacting | Closed (Any) | Set all mitigation status to “Risk Closed.” Do not change the actual dates. |
User sets an actual start on mitigation | Set mitigation status to In Progress unless it is already in In Progress or Complete status. | |
User sets an actual finish on a mitigation | Set mitigation status to Complete if not already in Complete status. | |
Create new risk | Set risk ID based on a timestamp | Set the risk ID based on a timestamp if the user did not type in the ID column to create the risk. ID = T + timestamp for threats. O + timestamp for opportunities. User can overwrite. |
Create new mitigation step | Set mitigation ID based on a timestamp | Set the risk ID based on a timestamp if the user did not type in the ID column to create the mitigation. ID = M + timestamp. User can overwrite. |
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The PRC Enterprise Risk Register is a web-based risk management software solution which allows for the tracking of risk at the project and portfolio level. Audit logs for all risk updates and changes are available at the click of a button to aid with audits, claims and the flow of information. The power of the PRC Enterprise Risk Register is in the simplicity of the user interface, which is designed to navigate easily at both project and portfolio levels without compromising functionality or data. The PRC Enterprise Risk Register allows for mapping across project levels so the data can be reported at the portfolio level, even if the work, risk and organizational breakdown structures are not standardized.
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The PRC Enterprise Cost Risk Analysis is a customizable web-based solution for simulating estimate cost and determining cost contingency, cost drivers, and risk hotspots. The key to a good risk analysis is good inputs. The software cannot be a roadblock to success. Good risk software should be easy on the end user. Monte Carlo simulation is already a complex. The software should simplify the process.
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The PRC Enterprise Schedule Risk Analysis is a customizable web-based solution for simulating schedule duration and dates. At PRC Software, we believe that the key to good risk software is through good inputs and excellent user friendliness. A Monte Carlo simulation is already a complex. The software should not be complicated as well.
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PRC specializes in risk analysis, audit, and training. We have cross-industry experience in fields such as Aerospace & Defense, Oil & Gas, and Engineering & Construction. We believe that over-complicating the risk process often leads to wasted effort and poor results. Our goal is to "make it simple."
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