RiskCloud

Risk management professionals use a range of specialized risk assessment methodologies to identify, assess, mitigate, and monitor risks. There is a large variety of methods in use (standards or regulatory mandated) covering Security, Safety, Environmental, Quality, Reliability, and Supply Chain risk management. Each management system standard seeks the same fundamental outcome of problem prevention. Yet most organizations still conduct these risk assessments studies with standalone spreadsheets and desktop software applications. These silos threaten the ability to prioritize the right investments in risk reduction and make it harder to deliver an Integrated Risk Management strategy.

Contained within each of these studies is a tremendous goldmine of company engineering knowledge, critical recommendations on the actions identified to mitigate risks, and historical analysis of your operations. Yet all this valuable company technical knowledge is hidden from view or worse yet risk reduction activities never get completed.

But what if you could improve your Integrated Risk Management approach?

• Make standardized PHA (HAZOP, What If, JHA, HAZID) and FMEA (DFMEA, PFMEA, FMECA) studies, actions, and results accessible.
• Support standardization and consistency with Integrated Risk Management Programs
• Automate workflow processes to align with your organizations performance standards
• Reduce time needed by study leaders, scribes, and participants to conduct, document and close out studies
• Standardized Risk Libraries that keep language common across studies
• Easily work with Sharrix Partners (consultants, auditors, and other technical experts) by exporting and importing studies

• Open Architecture – Sustainable Integrated Risk Management
• Quickly connect with ERP, PLM, BOM, Incident, Warranty, Maintenance, and Process Historians.
• Collaboration with document management software to quickly access Operating Procedures, control documents, procedures and other content.
• Display risks with leading P&ID and 3d visualization software applications.
• Keep studies standard by linking with the Master Management Strategy – company hierarchy, equipment, products, and process information.

• Capture performance measures within and across studies and risk reduction activities that document progress against performance standards.
• Report results across the organizational hierarchy process, product, equipment, facility, business unit, enterprise.

• Eliminate IT shadow spend from multiple desktop applications license and maintenance fees.
• Lower cost of future studies – planning, meeting, documentation, and follow up time
• Reduce the cost of hardware and maintenance with cloud delivery
• Reduce preventable problems. Better use of risk studies results in higher reliability, better quality, increased safety, and enhanced customer satisfaction.

• Know and show actions are completed for each study with mobile task management.
• Display risks through Engineering software tools (e.g. Intelligent P&ID and Plant 3D Simulation).
• See information about products, processes, equipment and performance.
• Provide reports across a knowledge base of studies and lessons learned from past studies.

• Business Oriented, Process Based
• Utilize Dynamic Risk Modeling to quickly improve your study approach
• Software and Hardware standards are always changing use software designed to operate in a multi device environment.
• Adjust dates for risk reduction action completion based on budget approval plans

Dynamic Risk Modeling on the cloud

User can create or configure various risk models on the Cloud dynamically with BOM structure providing integration with ERP or PLM systems.

Mobile Action

Work from any location whether you are online, offline or mobile.

Integrated Action Tracking Workflow

Track, Manage and Collaborate on multiple risk assessments across your business.

Offline Import/Export

Risk assessment studies created off-line can be imported back into the system and synchronized when internet services become available.

User can create or configure various risk models on the Cloud dynamically with BOM structure providing integration with ERP or PLM systems.

Work from any location whether you are online, offline or mobile.

Risk Matrix and RPN Ranking System User Configurable

Risk matrixes and risk priority ranking systems are easily configurable to comply with your company standards.

Jump start your assessments with industry best practice methodologies in quality and process risk management with OOTB models such as QMS System, HAZOP, LOPA, What If, FMEA, APQP and RCA.

Export Study Reports

Risk reports can easily be exported into Word, Excel, and PDF formats.

Integration with Drawing

Integrate risk data with CAD, P&ID, 3D Simulation and other engineering design. Collaborate updated drawings with ERP/PLM systems.

Tree Navigation

The tree view displays study data that is present in the forms and worksheet fields. Clicking on the tree data easily navigates the user to the specific field location.

Knowledge Management

Knowledge Management is a time saving feature that easily allows retrieval of legacy data for population into new study fields.