Best Practice Risk management solutions, helping you to reduce risks and exploit opportunities in your business, programmes and projects.
News Room
Mature approach: Risk Decisions' Fiona Racher co-authors article on Pharmaceutical Risk Management for International Clinical Trials magazine.
February 2012
John Bennett at JABPharma Ltd and Fiona Racher at Risk Decisions Ltd underline the impact of risk and uncertainty in the bid process for CROs, and suggest that adopting a risk management strategy is the best way to overcome potential challenges.
Risk Decisions publishes the latest whitepaper in its series on ERM, titled: ERM step 3: Using an Enterprise Risk Map to find risk hot spots
January 2012
Good risk management means getting the right risk summary information to the right people at the right time and gaining appropriate management attention. Deciding how to construct this summarised risk information can be a major challenge across large,complex organisations. In this whitepaper, Susheel Chumber explains how using a risk map will reduce the burden of implementing Enterprise Risk Management, by turning a deluge of risk data into something that strategic decisions can be made from.
Val Jonas explains the 5 steps to Enterprise Risk Management in a column published in the December issue of Risk Management Profesisonal Magazine
January 2012
In today’s business environment, it no longer makes business sense to focus only on operational and tactical risk management. Enterprise Risk Management (ERM), a framework for a business to assess its overall exposure to risk, and its ability to make timely and well informed strategic decisions, is required to help make the business resilient through the current turbulent times.
Risk Decisions' Fiona Racher shares her views on the importance of risk management in the Pharmaceutical supply chain in an interview for Pharmaceutical-technology.com.
December 2011
In a joint interview with John Bennett, director of JAB Pharma Limited for Pharmaceutical-technology.com, Fiona talks about the importance of risk management in the pharmaceutical industry, as more and more Pharma companies outsource clinical trials to Clinical Research Organisations, or CRO's.
Mott MacDonald implements Predict! to manage risk on power projects globally
November 2011
Oxford, United Kingdom, October 2011 – Management, engineering and development consultancy firm Mott MacDonald is rolling out Risk Decisions’ flagship risk management solution Predict! across projects and programmes in its global power business.
De-risking clinical trials for on-time delivery
September 2011
Recently, Tengion, Inc. lost 20 percent of its share price within the early hours of a trading day on NASDAQ after the company announced a delay in a key clinical trial for its bladder cancer product. Subsequently, Tengion was downgraded from Outperform to Market Perform by Leerink, a healthcare investment bank, citing increased trial risk and extended timelines for the clinical programme as the reasons. This is a tangible illustration of the financial impact of a delayed clinical trial on a pharmaceutical company.
Limited training offer: 30% off Introduction to Risk Management course for your company* - book your course today!
September 2011
Risk affects all areas of a business, and for risk management to be effective, it is important that everyone in your organisation understands the principles of risk management and can actively participate. Our Introduction to Risk Management course is a great way to achieve this.
Crisis, what Crisis? Risk Decisions CEO Val Jonas talks about how to turn your risk steering group into a rapid response team in a column for the September 2011 issue of Risk Management Professional magazine
September 2011
We have recently seen crises of truly global proportions unfold – financial sector meltdown, Japanese earthquake, and the BP oil spill disaster immediately come to mind – reminding us that risk is endemic and invariably thrust upon us when we least expect it. With this recognition, risk management is back in fashion. It is important for companies to have visibility of risks so that they can be measured, monitored and controlled. However, there is another component of the discipline – the ability to respond rapidly to a crisis when it does happen.
Risk Decisions CEO Val Jonas shares her insight on how you can use risk to advance your career in a column for CIR magazine
August 2011
Contrary to common perception, risk management does not come naturally to most businesses. In the words of a top government official, commenting on why so many major projects fail: “We all know what to do, so why aren’t we doing it?” We have risk management processes and procedures, controls and audit and plenty of examples to learn lessons from, but we haven’t nailed it. The fact is, risk management is actually harder than we think. Let’s look at some approaches to navigating the intricacies and pitfalls – ones that tend to continually catch you out.
Femern A/S to deliver workshop and case study on behalf of Risk Decisions at IPMA world congress in Australia
August 2011
Per Åkesson, Risk Manager for Femern A/S, the Danish government agency tasked with delivering the Fehmarnbelt Fixed link connecting Germany and Denmark, will present a paper at the International Project Management Association Annual Congress in Brisbane, Australia, in October.
SELEX Galileo increase investment in leading risk tool, Predict!, by 50 per cent. Leading the way in Enterprise Risk Management within the defence sector
July 2011
Oxford, United Kingdom, 12th July 2011 – Defence electronics firm, SELEX Galileo, has increased its software licensing of Predict!, Risk Decisions’ enterprise and project risk management solution, by 50 per cent, to support the company’s maturing Enterprise Risk Management (ERM) strategy. SELEX Galileo has used Predict! for project management since 2003, and has since increased its use to develop and implement a coherent, organisation-wide risk management and mitigation programme.
Middle Management Key to Effective Enterprise Risk Management
June 2011
The global events of the last couple of years have re-instituted the importance of risk at board level. Sound risk policy, systems and controls are now recognised as imperative to keeping a finger on the pulse of organisations so that strategic risk management can be undertaken in today’s relatively volatile business environment.
What’s new in Predict! 4.2
May 2011
Risk Decisions recently launched Predict! 4.2, the latest edition of its sector leading risk management software. Risk Matters caught up with Predict! product manager Nigel Vereker, to talk about what’s new in 4.2., the importance of customer input, and the future of Predict!
Risk Decisions Enhances Predict! Software Functionality to Support Board-level Requirement for Risk Data
April 2011
Trademarks innovative ‘Risk Management Clusters’ functionality, allowing enterprises to work on risks locally, but manage them centrally to make cost savings
Risk Decisions' Predict! software determines construction reserve for fixed Fehmarnbelt link
February 2011
Oxford, United Kingdom, 2 February 2011 – Femern A/S, the Danish government-owned company created to build the 11 mile fixed link between Denmark and Germany, used Risk Decisions’ Enterprise Risk Management software, Predict!, to assess the impact of the different risks on the construction cost of the link; and realistically estimate the risk reserve required for the project.
Navantia relies on leading risk management tool, Predict!, to support delivery of five ships for Royal Australian Navy
January 2011
Risk Decisions’ Predict! software chosen to maximise prospects of delivering ships on time and within budget for Navantia’s largest ever export contract
Navantia relies on leading risk management tool Predict!, to support delivery of five ships for Royal Australian Navy
January 2011
Risk Decisions’ Predict! software chosen to maximise prospects of delivering ships on time and within budget for Navantia’s largest ever export contract
Risk Decisions expands Business Development Team
October 2010
Risk Decisions is pleased to announce the addition of Gordon Hyland to the Business Development Team as Account Manager. Gordon will be responsible for the majority of European/USA customers in defence and aerospace and will focus on developing new markets.
Femern A/S implements Predict! product suite to build new 19 km fixed link across Fehmarnbelt between Germany and Denmark
June 2010
Risk Decisions’ flagship risk management solution Predict! is being deployed as the ISO 31000-based enterprise risk management tool for the planning, construction and operation of a new transport corridor between Germany and Denmark.
Getting a grip on Risk Management at the Risk Decisions' annual European user conference.
September 2009
Knowing the risk is one thing but knowing what you are going to do about it is another matter altogether. This is the main theme of Risk Decisions’ annual European User Conference which is taking place on 12th November at the Milton House Hotel, Abingdon in Oxfordshire. The event will be attended by delegates representing a wide range of defence, construction, government, manufacturing, engineering and aviation organisations throughout the UK and Europe.
Risk Decisions enhance risk management capabilities by aligning with Icefaces.
June 2009
Risk Decisions has aligned Predict!, the UK’s leading enterprise risk management and analysis solution, with ICEfaces, the award-winning open source Java EE Ajax framework. This will deliver increased scalability, reliability, performance and security whilst making it faster and easier for users to access and update all data relating to risks across the enterprise.
Predict! available for Open Solaris IT environments
May 2009
Risk Decisions has announced that Predict!, the market leading risk management and analysis solution, is available for installation in Open Solaris IT environments. Predict! can now be deployed on any operating system that supports the J2EE java specification including Microsoft Windows and Linux based systems such as Red Hat server 5 and Solaris.
APM Scottish Conference on Interfacing
March 2009
A joint venture between the Scottish Chapter of the APM, the APM Earned Value Management SIG and the APM Risk SIG resulting in the hosting of a one-day conference in Glasgow focussed on EVM and RM and how these two disciplines should interact to deliver best practice.
What You Risk If You Don’t Take Risk Seriously
March 2009
A free seminar being held on Thursday 14th May
Successful planners take risks!
February 2009
APM Oxford Chapter event 26 February 2009
Lend Lease Stratford City Regeneration Project Uses Predict! Risk Management
February 2009
Lend Lease, the preferred development partner for Zones 2-7 of the Stratford City regeneration scheme, has implemented the latest risk management technologies and processes to help ensure the successful delivery of this key project on budget and within tight timescales.
Bringing the Risk and Earned Value Management disciplines together
December 2008
Leading experts from the USA, Australia and the UK helped make the Bone Consulting 'EV In Practice' learning event on interfacing Risk & Earned Value Management in London on 2nd December a great success.
Interfacing Risk and Earned Value Management
November 2008
Risk and Earned Value Management have traditionally been viewed by practitioners as totally separate processes and compartmentalised into their discrete skill elements.
Risk Decisions expands business development team
October 2008
Risk Decisions, the UK’s leading supplier of enterprise risk management and analysis solutions, has announced the appointment of Greg Powell to the Business Development team.
Soteria implements Predict! for major PFI contract
September 2008
Soteria, one of the consortia currently bidding for the UK Search & Rescue-Harmonisation (SAR-H) PFI contract, is implementing the Predict! suite of risk management and analysis software.
Reducing the risk of injury
July 2008
Reducing the risk of injury from the remnants of conflict. Three capitals in three days – Risk Decisions’ staff past and present raise £5,000 for the Mines Advisory Group
