- This topic has 2 replies, 3 voices, and was last updated 3 years, 6 months ago by Robert Crawson.
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June 2, 2021 at 8:16 am #12732William SkaradekParticipant
All,
Aside from the Office 365 Power Apps etc, has anyone been using (for the past year) softare specialized for risk management?
I am looking to connect with users of software that can perform Monte Carlo Simulations, Tornado Diagrams, Decision Tree Analysis, S-Curves etcemail me at william.skaradek@usda.gov
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June 16, 2021 at 7:00 am #12828Nayane HuntrissParticipant
William
Our company provides specialized Strategic & Enterprise Risk Management software and we have been working with a number of Federal Agencies for over a decade. Our system includes all of the features you list below (Monte Carlo, S-Curves, etc.).
However, I note that many of the features you list below are specific to Risk Analysis, as opposed to Risk Management more broadly. You may therefore want to check out specialist Risk Analysis tools such as @RISK by Palisade. The focus there (I believe) is on Risk Modelling – understanding your current risk exposure and confidence limits around that baseline exposure today – so if that is what you are after they could well be worth a look.
At IRIS, our focus is more on the risk management process as a whole (identify more risks, implement a consistent risk assessment framework, develop and deliver robust mitigation plans and provide Management with the best information for decision-making and resource planning). We include Monte Carlo, What If? Analysis etc. within our assessment model for those customers that want to integrate that level of sophistication into their process, but not everybody wants that much so we are also able to keep things simple for those that prefer qualitative assessments.
I’d love to set you up with a demo if you would be interested. You can email me at nhuntriss@irisintelligence.com for more info.
Best regards
Nayane
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June 17, 2021 at 4:08 pm #12839Robert CrawsonParticipant
Hi William
Sword GRC, Active Risk Manager provides full enterprise and program/project risk management with quantitative and qualitative analysis with Monte Carlo capabilities. Feel free to contact me directly at robert.crawson@sword-grc.com, I would like to learn more about your requirements. Also, please feel free to visit our website at https://sword-grc.com/aerospace-and-defense/us-government-ecosystem/
Best
Robert
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