Rysigo Rysk Management enables customers to discover, evaluate and control enterprise risk. Rysigo Rysk Management provides collaborative risk awareness and responsibility throughout all levels of an organization, optimizes the use of enterprise resources, and ultimately reduces the overall financial risk exposure levels of a corporation. Key Benefits Standardize risk management across your enterprise. Deliver collaborative, streamlined risk management. Automate risk generation based on project conditions. Customize approval workflows. Calculate accurate risk exposure in & across projects. Rate and rank risks consistently based on impact, probability and type. Secure project risk visibility for project team and stakeholders. Transfer risk exposure to change documents for approval and absorption. Communicate risk status through graphs and Oracle Projects Status Reports. Integrate risk management processes with Oracle Enterprise Project Management and Workflow. Create a standard data set for 3rd Party Advanced Analytics and Monte Carlo Analysis tools.

30 day test drive Oracle Project Analytics Oracle Project Analytics is an end-to-end analytics solution that provides users with in-depth Business Intelligence relating to their Oracle Projects implementation. To help organizations take full advantage of this robust analytics architecture, Rysigo Consulting Services offer a comprehensive service to help you efficiently and successfully complete a Project Analytics proof of concept. Our Project Analytics proof of concept is a fixed price, rapid deployment package that leverages best practices derived from our combined knowledge of both Oracle Projects and the Oracle BI Applications. Key Benefits Rapid deployment of Oracle Project Analytics giving access to numerous pre-built KPI’s and Dashboards Expedient evaluation of the product Predictable time and cost Reduced complexity and investment risk

"The success of your business is our business" Rysigo Managed Services provides you with superior application and database maintenance and support services at a predictable monthly cost enabling customers to focus on their core business and alleviate strained IT resources from complex ever changing mundane patching and application maintenance activities. Key Benefits Predictable monthly costs lowering your total cost of ownership Leverage Rysigo experience with environment patching strategies and maintenance Application and Database experts available 24*7 Pay only for what you use Access to experienced application support center staff Flexible options that meet your current needs and grow with your business needs Rysigo maintenance options help you evaluate new products and functionality before you buy Proactive reports that enable you to assess use of licensed products and features maximizing your software investment Rysigo Shared Services staff enable you to manage global help desk applications optimally with reduced costs Rysigo Quality Testing options enable you to focus on your business whilst our experienced staff execute your business test plans during application maintenance

Introduction

Rysigo Rysk Management enables customers to discover, evaluate and control enterprise risk. Rysigo Rysk Management provides collaborative risk awareness and responsibility throughout all levels of an organisation, optimizes the use of enterprise resources, and ultimately reduces the overall financial risk exposure levels of a corporation.

Key Business Benefits

• Standardise risk management across your enterprise
• Deliver collaborative, streamlined risk management
• Automate risk generation based on project conditions
• Customize approval workflows
• Calculate accurate risk exposure in & across projects
• Rate and rank risks consistently based on impact, probability and type
• Secure project risk visibility for project team and stakeholders
• Transfer risk exposure to change documents for approval and absorption
• Communicate risk status through graphs and Oracle Projects Status Reports
• Integrate risk management processes with Oracle Enterprise Project Management and Workflow
• Create a standard data set for 3rd Party Advanced Analytics and Monte Carlo Analysis tools

Collaborate to Discover and Manage Risk

Uncover all Risks

Through a secure, streamlined web user interface, Rysigo Rysk Management for Oracle Projects allows project managers, team members, stakeholders and others to surface all potential project risks. These can then be incorporated within the Project Planning and Execution phases upfront and throughout the life of the project. Since the creation process is simple intuitive, and collaborative, the probability of project risks being captured is greatly increased.

In addition to manual risk entry, risks can be automatically generated by predefined project conditions. For example, a Risk may be automatically created if a critical task is projected to not complete on time, or if cost estimates are nearing budget This ensures an accurate representation of the overall risk exposure for your project.

  

Automatically Create Change Documents

When a risk materializes, Rysigo Rysk Management enables any Team Member the ability to raise the issue with appropriate customized Workflow approval levels defined. Further, it also enables Risk Transference and allowing the Risk impact and resolution, once approved, to be transferred to other areas of the project such as Oracle Projects Change Documents integrating key financials into the action plans.

The cost of the materialized risks can therefore be transferred to your customer or absorbed into your Financial Plans. Since Rysigo Rysk Management plugs into Oracle Projects, the integration is seamless – there is no need to re-key information. As such, timing, resource and financial data is more complete and accurate, and users can focus on tasks which add value.

  

Learn from Experience

Rysigo Rysk Management for Oracle Projects provides a full history of what risks were identified and by whom. The associated mitigation plans (or lack there of) can be clearly seen. This information can be leveraged not only in postmortem examinations, but in reporting and planning in the future. Rysigo Rysk Management for Oracle Projects therefore provides tools to give you the best chance of successfully executing your projects – on time and within budget. These past experiences and learnings can be built into your project templates. This will ensure it will never be missed again and that over time, your enterprise will achieve greater success.

Maximize ROI by Minimizing Risk Exposure

Build Contingency and Mitigation Plans

A risk may or may not occur and therefore not all identified risks will materialize. However, it is essential to be prepared with contingency plans. Over budgeting for risks that will never materialize may mean that the perceived return on investment for the project is too low, and potentially a profitable project may be discarded as too costly. Rysigo Rysk Management for Oracle Projects allows you to build contingency plans and to develop mitigation plans to reduce the overall Risk exposure and provide an action plan should the Risk materialize through Risk Response Planning.

You can also define Risk Impact areas that affect the Project and notify owners of tasks and actions ahead of time. For example there could be a Cost or Revenue Impact or the Risk could affect the schedule or contractual value of a task should the risk materialize.

  

Score and Rank Risks Automatically

Seasoned project managers can verify that in many cases, determining those risks most likely to derail the project is an art form. Rysigo Rysk Management for Oracle Projects leverages a complex algorithm to transform this art form into a science. The Rysigo Rysk Management Scoring and Ranking algorithm leverages risk impact, cost, mitigation plan and other parameters to consistently and accurately rate the risk associated with your projects. Furthermore, if your company has its own unique way of evaluating the urgency and effect of risks, the Rysigo Scoring and Ranking Algorithm can be tailored to meet your specific needs.

  

Execute Risk Response Plans

Should the Risk still occur, Rysigo Rysk Management for Oracle Projects allows Risk Owners to define comprehensive Risk Response Plans to provide a series of steps or Actions that need to be performed with identified Owners and calculated Due Dates to control the Risk. Furthermore, you can transfer the Impact of the Risk to other areas of the project through the Risk Transfer process.

 

Provide Visibility to Stakeholders

Assess Risks Exposure Across Projects

Rysigo Rysk Management provides project managers and executives the ability to look across their key projects and instantly identify those with the greatest exposure to risk. With many priorities grabbing their attention, project stakeholders can quickly identify the most valuable place to spend their time.

  

Identify the Most Important Risks

Project managers have to keep track of many moving parts to ensure successful execution of their projects. Rysigo’s intelligent graphs are easily interpreted to ensure that the crucial risks are quickly identified. Appropriate decisions can then be made to bring scope, cost, timing, and associated revenue on track.

Make Informed Decisions on Where to Invest

In uncertain economic times, making the wrong investment can have exponential impacts on the health of the business. In choosing which projects to pursue or readjust, identifying the optimal balance of risk, cost and return is essential. Rysigo Rysk Management leverages the single global project repository within Oracle Projects to provide intelligent insight into your level of exposure, together with the possible upside.

Keep Your People Informed

All project stakeholders and team members have different perspectives, and therefore different perceptions, on the projects that they participate in. It is critical that all the risks they anticipate are surfaced to aid team awareness. It is equally important that these risks are validated and their potential impact evaluated. Rysigo Rysk Management for Oracle Projects enables you to standardize risk definition across your organization through Risk Types which can be leveraged across all your projects and project templates. This facilitates appropriate visibility and enables meaningful reporting. Through Oracle Workflow team members, project managers, or executives – are alerted when risks are raised, and have the ability to approve, reject and update appropriately. This allows you to further standardize your processes around managing, controlling and reporting Project risks leading to continual improvement of all related business processes.
 

 

Key Features

Streamlined Risk Creation Risk Mitigation Planning Role Based Security Automated Risk Generation Risk Scoring and Ranking Plugs-in to Oracle Projects

Notifications Contingency Planning Risk Impact Graphs Approval Workflow Automatic Change Request Gen. Risk Reporting