Project Risks are captured, classified, and mitigation actions monitored and reported for timely actions that reduce impact of risks on project cost and schedule.
Risk Management capabilities
Project Risks are captured, classified, and mitigation actions monitored and reported for timely actions to reduce the impact of the risk on the project cost and schedule.
“Before implementing SmartProject more than 70% of our projects used to get delayed. Now no project gets delayed as SmartProject's early warning system helps us take corrective action in time.”
F.R. Singhvi, Joint MD, Sansera Engineering
*Based on customer feedback
List potential risks in the Risk Register of all project activities, at the project or deliverable level, and identify the mitigation plan for each.
Define custom risk types. Grade severity of each risk based on its likelihood and potential impact on project goals.
Monitor & Review
Monitor and review identified risks before they can escalate.
Create risk mitigation plans and action points in the Risk Register and delegate them to your team to ensure each risk is fully mitigated.
Engineering & Construction Risk Management Features
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