Risk Management

There will be a strong undercurrent of uncertainty or risk in any project that strives to reach specific future goals. As risk is a constant element of any project, achieving a completely risk-free project is simply not possible. However, risk can be effectively mitigated when properly and quickly identified, assessed, and prioritised. UniPhi enables project team members to raise, rate, mitigate and plan for the risks that can crucify projects. The system permits both the assignment of actions to team members (who will see this assignment in the ‘My Projects’ tabs) and the application of due dates for dynamic risk mitigation tracking. The solution also allows the updating and maintenance of contingency plans for the duration of the risk. Once a risk occurs, UniPhi users can ‘pull’ the contingency trigger and execute a comprehensive, well-considered plan that minimises negative impacts.