Legally most business need to compile a risk register, where risks relate to statutory risks ie public or employee liability.

But, an effective business manages all `corporate risks`ie not only statutory risks but also commercial risks and reputation risks, both at organisational and at project level. Moreover, the advent of Sarbanes-Oxley has raised the awareness and importance of risk management for organisations.

RISK MANAGER is a cost effective tool, which enables you to identify, costs and manage risks within an organisation and within individual projects.

RISK MANAGER provides a systematic framework for:

• Defining corporate risk strategy
• Identifying categories and items of risk
• Assigning probabilities and ratings (or cash values) to each item of risk
• Identifying tools/procedures for minimising/eliminating risk and assigning them to each item
• Assigning responsibility for management of risk items to defined personnel
• Analysing the ranking, importance and cost of the various risks
• Monitoring the application of risk procedures/tools
• Reporting of Risk scenario

With RISK MANAGER, organizations can automatically produce comprehensive documentation of their risk management strategy, management and results and keep a tight monitor on risk management initiatives and new threats.

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