4 Tiers Risk is specifically designed to perform Risk Assessments for both your company projects and the day to day operational running of the organisation.
The product offers an easy way to set the context of the assessment by grouping the identified risk for ease of management and effectively link the identified risks to their treatments and actions.
A single view allows the user to document the identified risk, set ownership and perform ongoing management of the risk’s consequence and likelihood.
Its design principals leverages commonly used functions associated with many Microsoft desktop products in use today, significantly reducing the training time and increasing your productivity.
Coupled with simplicity of use the product offers a number of useful easily interpreted reports and charts with clearly defined filtering techniques to provide the most effective view of the risks and treatments.
The product has been designed to complement the organisations framework for managing risk. Where an organisation has a well matured framework, the application will enhance the requirements in areas such as continuous improvement, enhancing the organisations internal and external communications and integration with organisations wide processes.
The product can also assist organisations as they embark on establishing a risk framework, areas such as building templates to compliment the risk management policy, establishing accountability and resource management throughout the whole of the organisation.