PRC Enterprise Risk Register

The PRC Enterprise Risk Register is a web-based software solution designed to track risk at the project and portfolio level. According to the vendor, it provides a centralized platform for managing and monitoring risks, aiding in audits, claims, and information flow. The software is suitable for companies of various sizes, from small businesses to large corporations, and is used by professionals in project management, risk management, program management, as well as the construction and oil and gas industries.

Key Features

Collaborative Risk Register: According to the vendor, this web-based software solution enables users to track risk at both the project and portfolio level. It provides a centralized platform for managing and monitoring risks, with audit logs available for risk updates and changes.

Templates: The PRC Enterprise Risk Register offers project and portfolio level templates for quick setup and standardization, as claimed by the vendor. It simplifies project configuration and data tracking, providing wizards and guided input screens for easy data entry. Advanced views function like a spreadsheet for experienced risk managers.

Input Integration: According to the vendor, the software seamlessly imports data from Microsoft Excel and integrates with MS Project and Primavera P6, expediting implementation time by allowing users to import existing data.

Usability: The PRC Enterprise Risk Register, as claimed by the vendor, features a user-friendly interface designed for easy navigation. It is suitable for both project and portfolio levels, with wizards and free training available for users. Advanced users can utilize spreadsheet-like views.

Portfolio Level Reports: Users can roll up data and generate reports at the portfolio level, providing a comprehensive view of risk across projects, according to the vendor. This feature enables better decision-making based on portfolio-level insights, even if work, risk, and organizational breakdown structures are not standardized.

Outputs: According to the vendor, the software integrates with the Microsoft Office Suite, allowing users to generate reports in MS Excel, PowerPoint, Word, and PDF formats. This feature enables easy sharing and presentation of risk information, supporting efficient communication and collaboration.

Historical Database: The PRC Enterprise Risk Register, as stated by the vendor, maintains a searchable lessons learned directory and stores historical risk data for reference and analysis. This feature facilitates knowledge sharing and continuous improvement, helping users identify trends and patterns in risk management.

Audit & History Logs: According to the vendor, the software keeps track of all risk updates and changes, providing an audit trail for compliance and accountability. This feature supports claims analysis and dispute resolution, ensuring transparency and traceability of risk-related activities.