Risk Centre

Risk Centre is the central hub for tracking and monitoring risk and staying ahead of any known issues affecting your organisation. It assists managers to identify, assess, and manage risk, and provides project teams with clear mitigation strategies and contingency plans to minimise their impact. Risk Centre ensures that all your projects are delivered on time and on budget by putting the right provisions in place for the unexpected.

Using a centralised location to track and monitor risk, different teams can develop strong and consistent mitigation strategies for projects and portfolios to ensure that the business continues run smoothly. pmo365‘s ‘model driven’ apps like Risk Centre are built on customisable templates and configurations which quickly adapt to any methodology. Rather than a ‘one-size-fits-all’ approach, our integrated risk management solution is tailored to your organisation’s unique context and working environment.

Many organisations fail to complete an adequate risk management plan. Proper risk management strategy is critical to the success of any organisation, and failing to implement one can lead to a range of negative outcomes, including:

1. Reputational damage: Failure or major setbacks due to poor management of risks can damage the reputation of the organisation and the individuals involved.
2. Cost overruns: Unmanaged risks can lead to unexpected expenses, which may cause projects to exceed budget.
3. Quality issues: Risks that are not identified and managed can affect the quality of the final product, leading to stakeholder dissatisfaction.
4. Safety hazards: Certain risks, such as safety hazards or regulatory non-compliance, can pose a threat to the health and safety of the project team and members of the public.
5. Project delays: Project teams insufficiently prepared to handle unexpected issues or setbacks can cause delays to project delivery.

pmo365 is the ‘single source of truth’ for all your project portfolio data. With our fully integrated, centralised hub, all project timelines, tools, governance, documentation, reports and more are kept in a single, secure location within easy reach of all users. Every stakeholder knows exactly where to find the information they need to complete their tasks and stay abreast of any risks and issues affecting project delivery. They also know where they can find help when circumstances get beyond their control. pmo365 is the versatile and flexible solution for all PPM requirements with best practice tools and instantaneous updates of project data across the entire organisation.