The Risk Register (Risks) page allows user to add risks to the selected project. Here the risk data can be imported from PRC Risk Register or create in the page itself. The user can also input the probability percentage for each risk which is the chance of occurrence for each risk and the distribution values according to which the duration can be distributed over the risk.
Figure 1
This functionality is used to add a new risk to the project.
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The distribution values include Normal, Beta, Triangular, Trigen, Uniform and Discrete. When a new risk is added the distribution value which is automatically selected will be Triangular.
This functionality is used to edit the existing risk details.
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This functionality is used for importing risks from an .XLS file.
Figure 2
Steps:
Map the corresponding values in the excel file and click on the IMPORT VALUES button. (Figure 3)
Figure 3
This functionality is used to filter the data according to a particular field and its selected values for risk / task.
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Figure 4
Figure 5
This functionality is used to select multiple risks.
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Figure 6
This functionality is used to delete multiple risks from the project.
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Figure 7
This functionality is used for exporting risks to an Excel file. (Figure 8)
Figure 8
This functionality is used for importing risks from a PRC Risk Register of the same project.
Steps:
Remove the risk fields to Hidden Node whose values need not be imported from PRC Risk Register using REMOVE or REMOVE ALL button as necessary. (Figure 9)
Figure 9
Figure 10
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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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