Project & Portfolio Risk Management Software

Establish a holistic governance for project and portfolio risk management across your organization. Instead of managing portfolio risks manually and in silos, Corporater enables organizations to map out all their projects and portfolios in the system, monitor the relationships and dependencies between them, standardize and automate risk assessment processes, and have a holistic overview of risk impact on their corporate goals, targets, and strategic objectives.

Create project and portfolio risk registers, assign risk owners, and monitor risks on customized dashboards using data visualizations such as risk and opportunity matrices (heat maps). Risks may enter the solution via automated data integration or manually by users using templates with custom fields specific to your organization. Proactively manage external business risks (e.g., industry disruptions, changes in laws and regulations, etc.), internal business risks (e.g., changes in internal processes and procedures, restructuring, operational challenges, etc.) and execution-related risks (e.g., resources issues, project delays, insufficient QA, etc.).

Project and portfolio managers may identify and analyze risks within their portfolio and address identified risks with an appropriate response to increase the probability and impacts of positive risks, and decrease the probability and impacts of negative risks. Define custom risk treatment actions specific to your organization, assign risk owners, and document all decisions in a clear manner. Create task lists and track task completion. Set up automatic notifications to communicate assignments, responsibilities, approval status, and overdue tasks.

Generate and distribute comprehensive project and portfolio risk reports in a variety of popular formats including Word, Excel, PowerPoint, and PDF. Create a standardized reporting process based on concrete responsibilities, periodicity, thresholds, and reporting formats. Set up immediate deployment of reports for urgent risks to ensure the Management Board and / or executive party is promptly notified.