What problem does it solve?
Centralizes identification, assessment, and mitigation of risks across multiple projects to prevent surprises, ensure accountability, and maintain up-to-date RAID logs and risk response plans.
Core Features & Use Cases
- Portfolio Risk Identification: Aggregate project-level risks and surface cross-project and portfolio-level exposures.
- Risk Assessment & Scoring: Apply probability and impact scoring (1-5) to calculate risk severity and prioritize responses.
- Risk Correlation Analysis: Map shared causes, sequential triggers, resource conflicts, and vendor concentration to reveal compound exposures.
- Response Planning & RAID Management: Create mitigation strategies, assign owners and dates, allocate contingency, and maintain RAID logs with clear outputs and templates.
- Governance & Guardrails: Blocker criteria and anti-rationalization checks enforce escalation when risks are critical or unowned.
- Use Case: Consolidate risk registers from multiple projects to produce a portfolio risk summary for quarterly executive review.
Quick Start
Gather project risk registers and stakeholder inputs, then produce a consolidated portfolio risk summary with scores, correlations, and recommended mitigation actions.