Fit for process

Fit for purpose

FEATURES AND FUNCTIONALITY

Designed for industry standards

RISKGRID was developed with practical application and real-life scenarios in mind.
Find out how our purpose-built functionality enables Risk Management best practice according to industry-standard ISO 31000 guidelines.

Scope, Context
& Criteria

Risk
Assessment

Risk
Treatment

Monitor
& Review

Communication
& Consultation

1. SCOPE, CONTEXT & CRITERIA

According to ISO 31000, the purpose of establishing the Scope, the Context and Criteria is to customise
the risk management process, enabling effective risk assessment and appropriate risk treatment.

Risk mapping

RISKGRID's customisable risk mapping engine allows you to define criteria meaningful to your business in order to evaluate the significance of risk and support your decision-making processes.

Define your mapping

Customise your mapping

Choose multiple mappings

Label your mapping

2. RISK ASSESSMENT

Risk assessment is the process stage covering risk identification, risk analysis and risk evaluation.

Risk grids

Using RISKGRID’s grid structures allows you to identify, analyse, and record risks and controls in a systematic, iterative and collaborative manner, drawing on the knowledge and views of stakeholders.

Create your grid

Tag your grid

Filter your grid

Export your grid

Risk assessments

RISKGRID's risk mapping engine automatically evaluates the results of your risk analysis against the established risk criteria and clearly shows you where additional action is required.

Run your assessment

Record commentary

Full audit trail

Monitor risk in real-time

3. RISK TREATMENT

The purpose of the risk treatment phase is to select and implement options for addressing risk.

Remediation planning

RISKGRID's inbuilt remediation planning supports an iterative process of tackling issues and improving controls.

Track remediation plans

Plan labelling

Link plans to controls

Plan-to-assessment automation

4. MONITOR AND REVIEW

Ongoing monitoring and periodic review of the risk management process and its outcomes forms a core part
of the process, with responsibilities clearly defined.

Incident logging

RISKGRID incorporates an incident recording system that allows you to record and track risk-related events and associate each with the elements of your risk assessment grids.

Record risk events

Track severity & status

Link incidents to assessments

5. COMMUNICATON AND CONSULTATION

The risk management process and its outcomes need to be documented and reported through appropriate mechanisms.

Reporting dashboard

RISKGRID meets recording and reporting objectives through comprehensive report generation and dashboard views of risk status and timeline trends.

Interactive charts

Data drill downs

Historical & future timeline

Team collaboration

A successful risk assessment process involves key stakeholders at all stages. RISKGRID is built to foster team collaboration in a controlled and auditable manner.

Hierarchical permissions

Distribute your risk assessments

Invite approved collaborators

GUIDED TOUR

Transforming the way you manage risk

Want to know what a proactive view of organisational risk looks like in a single-pane? Take a look at our guided tour and start your journey towards streamlining your business risk management and risk assessments.

Align your risk management with industry best practice

Get started