Key Features of ORMAF
Risk Management Module
Objective Setting
Establish clear and measurable objectives to guide your risk management efforts and align them with your overall program or project goals.
Risk Identification
Systematically identify potential risks that could impact the success of your programs and projects, ensuring no critical risks are overlooked.
Risk Analysis
Conduct comprehensive risk analysis to understand the likelihood and impact of identified risks, prioritizing them based on their potential effect on your objectives.
Mitigation Strategies
Develop and implement effective risk management and mitigation strategies to address identified risks, reducing their likelihood and impact.
Ongoing Monitoring
Continuously monitor risks and the effectiveness of mitigation strategies with real-time data and intuitive dashboards, enabling proactive adjustments as needed.
Reporting and Communication
Generate detailed reports and facilitate clear communication of risk management activities to stakeholders, ensuring transparency and informed decision-making.
“All courses of action are risky, so prudence is not in avoiding danger, but calculating risk and acting decisively.” Niccolo Machiavelli, The Prince
In the dynamic landscape of public sector management, effectively managing risks is paramount to ensuring the success and sustainability of programs and projects. ORMAF is an innovative software solution designed specifically for public sector managers, providing them with the tools to proactively manage risks and drive their initiatives to successful outcomes.
ORMAF simplifies the complex process of risk management by helping managers develop clear objectives, identify and analyze potential risks, and create robust risk management and mitigation strategies. With ORMAF, public sector managers can monitor and address risks on an ongoing basis, ensuring that their programs and projects remain resilient and responsive to changing circumstances.
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Quick, Smart & Great Solutions To Manage Your Projects
Consultation
Each client has their own unique challenges and we stress our experts establish open communication channels with them to clearly identify their unique management needs.
Clients
Our design is based on the needs of our clients in government and semi-government organizations, private companies and industries in diversified sectors.
Experience
Our experience spans years of working with public and private sector managers and developing solutions which best suit their working environment.
Standards
Our processes align with relevant professional standards, regulations, and best practices enhancing the quality, credibility, maintainability and usability.
Benefits of ORMAF
Risk Management!
The system provides all the required tools and technologies to effectively implement an integrated risk management function within a program or a department. It helps in:
Integrated Risk Management (IRM)
Integrated Risk Management (IRM) is crucial for effective public administration, enabling organizations to incorporate risk information into strategic decision-making. Effective risk management enhances decision-making, optimizes resource allocation, and ultimately delivers better outcomes for citizens.
Risk Management Strategies
Risk Identification and Assessment
Risk Indicators (RIs)
Risk Monitoring and Accountability
Visual Overview
The key risks dashboard offers a consolidated visual display of risk mitigation strategies and risk indicators (RIs), enabling managers to monitor critical information at a glance.
Drill-Down and Roll-Up
The dashboard features drill-down capabilities for detailed analysis and roll-up capabilities for aggregated risk data, providing both granular insights and a high-level overview.
Strategic Monitoring
Manage risks which could impact the achievement of strategic objectives, the dashboard visually represents measures and targets with indicators showing how each measure is performing against its targets.
Offering Solutions For All Managers Worldwide.
Risk Reports and Dashboard
ORMAF’s robust dashboard and reporting capabilities provide public sector managers with critical risk information and visual tools to effectively manage and oversee their programs and projects. By offering detailed insights, real-time updates, and advanced communication features, ORMAF ensures that managers have the data they need to manage risks proactively and achieve their strategic objectives.
Three-Tier Risk Reports
Multi-Level Risk Assessment
Conducts risk assessments at strategic, operational, and program levels, ensuring thorough risk evaluation across the department.
Corporate Risk View
Aggregates key risks to offer senior management a corporate view of risks, aiding in risk-informed decision-making and priority-setting.
Real-Time Updates
Delivers up-to-date risk information that supports timely and informed decision-making and allows reports to be shared online with various stakeholders, facilitating broader access to risk data.
Pricing for Risk Management Module!
for Managers
- 1 User Account
- Risk Dashboard
- Risk Assessment and Management
- Risk Matrix
- Risk Tolerance levels
- Risk Categories
- Risk Register and Indicators
- Risk Monitoring
- Online Document and Reports
for Teams
- 3 User Accounts
- Risk Dashboard
- Risk Assessment and Management
- Risk Matrix
- Risk Tolerance levels
- Risk Categories
- Risk Register and Indicators
- Risk Monitoring
- Online Document and Reports
for Multi-Department
- 9 User Accounts
- Risk Dashboard
- Risk Assessment and Management
- Risk Matrix
- Risk Tolerance levels
- Risk Categories
- Risk Register and Indicators
- Risk Monitoring
- Online Document and Reports
