Audience
Companies looking for a construction risk management solution
About NetRisk
In NetRisk, a risk's probability of occurrence can be un-correlated amongst the activities to which it has been assigned - and in fact, it can even be different. Therefore, this approach is more realistic for a risk response that affects activities scheduled years apart or at different project sites. Thanks to automated risk sensitivity analysis, NetRisk re-runs the entire simulation, each time removing the risk with the biggest impact. The result is a tornado chart showing the exact impact in days that each risk has on the project completion. By scheduling activities on early starts in every iteration, CPM risk analysis does not account for the impact of float use on project completion and therefore overestimates the probability of completion. With NetRisk, activities off the critical path can be started later to model resource leveling, progress pacing, or other strategic reasons, resulting in a more realistic model.
Other Popular Alternatives & Related Software
RAKEN
What is Raken?
Raken’s field management software helps you collect accurate project data in real time. From digital documentation and production tracking to safety tools, you’ll have the insights you need to improve your projects—and reduce costs. No more messy paperwork.
The mobile field apps for iOS and Android make remote collaboration easy, too. With the mobile app, field crews can input project data on the go. They can even upload time-stamped photos, videos, and notes for better visibility. Then, all that data is automatically uploaded to the web app for the office. With everything stored in one place, you’ll have accurate records to protect your business from litigation or risk.
More than 4,500 construction companies use Raken to connect the field to the office. Empower everyone to do their jobs more efficiently with Raken today.
Learn more
Onspring
Onspring is an award-winning GRC automation and reporting software. Our SaaS platform is known for flexibility and ease of use for end-users and administrators.
Simple, no-code, drag-and-drop functionality makes it easy to create new applications, workflows, and reports independently without IT or developers.
- Manage a centralized risk register with multiple hierarchies
- Keep tabs on financial impacts & probabilities based on risk tolerance
- Capture & relate financial, operational, reputational & third-party risks
- Map controls to regulations, frameworks, incidents & risks
- Remediate findings through workflows or the POA&M process
Ready-made products get you started in as quickly as 30 days:
- Governance, Risk & Compliance Suite
- Risk Management
- Third-party Risk
- Controls & Compliance
- Audit & Assurance
- Policy Lifecycles
- CMMC
- BC/DR
FedRAMP moderate environment available.
Learn more
Resolver
Resolver gathers all risk data and analyzes it in context — revealing the true business impact within every risk. Our Risk Intelligence Platform traces the extended implications of all types of risks — whether compliance or audit, incidents or threats — and translates those effects into quantifiable business metrics. Finally, risk becomes a key driver of opportunity instead of being disconnected from the business.
Choose the risk intelligence software used by over 1000 of the world’s largest organizations. Resolver makes it easy to collaborate and collect data from across the enterprise, allowing teams to fully understand their risk landscape and control effectiveness. Understanding your data is one thing; being able to use it to drive vital action. Resolver automates workflows and reporting to ensure risk intelligence turns into risk reduction.
Welcome to the new world of Risk Intelligence.
Learn more
Riskonnect Active Risk Manager (ARM)
Riskonnect Active Risk Manager is a comprehensive risk management software designed to provide a holistic view of risks at project, program, and enterprise levels. It helps organizations visualize and analyze risk relationships, prioritize mitigation efforts, and prevent small issues from escalating into major disruptions. The platform aggregates risk data from frontline projects to identify trends and emerging threats, enabling more informed decision-making. Users benefit from features like bowtie cause-and-effect analysis, dashboards, heat maps, and schedule & cost impact assessments. Active Risk Manager streamlines risk collaboration, optimizes contingency resource allocation, and automates risk lifecycle management with easy-to-use interfaces and API integrations. It supports industry standards and frameworks such as ISO 31000, COSO, and PMBOK, with flexible deployment options including secure cloud and on-premises configurations.
Learn more
Integrations
Company Information
PMA Technologies
Founded: 2011
United States
pmatechnologies.com/netrisk/
Videos and Screen Captures
Other Useful Business Software
Go from Code to Production URL in Seconds
Skip the Kubernetes configs. Cloud Run handles HTTPS, scaling, and infrastructure automatically. Two million requests free per month.
Product Details
Platforms Supported
Cloud
Training
Live Online
Videos
Support
Online
