Risk Radar

Risk Radar is a handy web-based app that helps your company spot, assess, and manage risks. It’s like having a safety net that catches potential issues before they can mess with your company’s performance.

Identifying Risks Made Easy

This software lets you create entries for different risk areas in your business or specific projects. You can even rate how likely these risks are using a risk scale! Plus, you can note the potential costs if something goes wrong and how it could impact your work.

Types of Risks: Internal vs. External

Risks can be internal—easy to manage—or external, where prevention or fixing problems might cost more. Risk Radar shows all your entries in a list so you can view and tweak them whenever needed.

Profile Your Risks

When setting up a risk profile, you get to fill in basic details or go deeper into things like mitigation processes and root causes. There's even an audit trail that automatically updates when a risk’s status changes!

Easily Sort Your Entries

The application helps sort risks by their status. You’ll find tabs for pending risks, active threats, retired issues, and rejected risks—all stored neatly in one database for future reference during assessments.

Create Detailed Reports

Risk Radar also generates reports about the risks you've identified. You can check out detailed informative reports, summary reports, graphs, risk registers, mitigation plans—you name it!

Customize Your Reports

You have the option to view overall risk situations or focus on specific timeframes. Plus, sorting reports by priority, impact, type, and other categories makes finding what you need super easy!

Backup Your Data with Ease

You can create backups of your project data by exporting it as an archive that works smoothly with Risk Radar.

In short, Risk Radar is an awesome business tool that helps you identify and monitor risks within your company or tied to specific projects. It’s reliable for evaluating threats and generating detailed reports about any weak points in your operations.