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Riskonnect Active Risk Manager
What Is Riskonnect Active Risk Manager?
Active Risk Manager from Riskonnect is an intuitive and highly configurable web-based project risk software that enables medium and large organizations to meet or exceed project expectations. With a central and secure risk repository, you can take advantage of easy-to-use data input and management interfaces, proactive bow tie risk analysis, advanced quantitative analysis and contingency management features, and configurable, drill-through reports and dashboards.
Who Uses Riskonnect Active Risk Manager?
Programmatic organizations in the Aerospace & Defense, Government, Energy, Infrastructure, and related industries with $500M+ in annual revenue looking to manage risk to achieve business objectives.
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Reviews of Riskonnect Active Risk Manager
Good Cloud Based Software
Pros:
I like the quantitative analysis, and that it is cloud based you can access it from any computer
Cons:
I don't like that it works only with Internet Explorer and not on iPad
Riskonnect Response
6 years ago
Older versions of ARM (ARM 7/8/9) were only able to work with Internet Explorer due to the underlying technology stack. This has been completely overhauled in the newer versions of the product (ARM 10 and beyond) which facilitates cross-browser functionality, enabling end users to access ARM from the web browser or mobile device of their choice.
HKJC Proof of Concept Risk Management Framework
Comments: Running a proof of concept, the team have been extremely supportive. Many issues to overcome which were all handled with professionalism and ease.
Pros:
Project supporting facilities and ease of quant modelling.
Cons:
output for quant analysis looks 'clunky'. Could use updating.
Riskonnect Response
9 years ago
Thank you Alec for your review of ARM 8. Your cons will certainly be addressed in ARM 9 with a complete revamp of our quantitative analysis capability. This includes a much improved exporting option along with analysis data exposed to RPM (Report building module) to give you that extra flexibility to design your own outputs.
ERM made easy
Comments:
I have used this software for over 5 years.
It's ease of use and immediate configurability make it a joy to use. No Board would want to wait 3 to 13 months for additional risk capability. With ARM, you have it all straight out of the box.
Pros:
Straight out of the box. Highly configurable, immediate results. Build your own reports. Identify root causes.
Cons:
No cons that I have identified
Riskonnect Response
9 years ago
Thanks Robert for your review of ARM
Amazing software, best on the market and nothing else comes close to it...
Comments: I have been using this product throughout my various careers for over 10 years and the support and help I have received to make risk management a priority for the business has been very useful. The product itself helps non risk professional understand the outputs via easy to use reports
Pros:
Flexiable, easy to use, configuartion of reports, new features that make it better year on year
Cons:
None
User friendly software
Comments: Really great choice. Very user friendly . Gives your company a great oportunity to spread risk oriented approach across business.
