Identifying And Managing Risks Services
Risks to a business can take many forms, including processes, manufacturing, regulatory, supply chain, key personnel, hazards and incidents. The cr360 Risk Management tool helps you to identify, manage and mitigate risks. You can use it independently or in conjunction with other solutions within your integrated cr360 system, such as the Incident Tracking tool.
Intuitive online forms help you to capture the details of every risk. You can prioritize risks according to severity and likelihood, and the priority is displayed in a heat map on users’ dashboards. The system allows you to drill down to the full details of individual risks, and model risks in line with your scoring methodology. Additionally, by defining a workflow, you can help users to develop ideas to mitigate risk.
The cr360 Action Management tool helps you to open, assign and track corrective and preventative actions. You can assign actions to individuals or specific job roles, and track risk metrics such as number of risks, high risks to manufacturing and number of overdue long-term actions. Sharing progress with stakeholders is easy with cr360’s reporting tools.
- Identify risk effectively – Streamline your approach to identifying all types of risk.
- Assess and mitigate risk – Drill down into the detail of individual risks and model risk scenarios.
- Manage corrective actions – Use the system as a tool to manage all actions associated with particular risks.
- Report progress – Share progress with stakeholders using cr360’s reporting tools.