In times of stagnant growth and increased competition, businesses look to margin improvement or control to help improve top and bottom line. In these economic times, project-driven organizations may submit a bid either below their normal margin or sometimes at zero margin to stay alive. Under these conditions, organizations must look for ways after the project award to improve margin or suffer the consequences of an unprofitable project.
Active Risk Manager (ARM) provides complete visibility and a true risk management system of record for the business. ARM gives early sight of risks from across the business so that early action on opportunities that may improve margin.
- ARM collects all risk data and makes it instantly available through executive dashboards, alerts and reports
- ARM highlights the risks in projects and programs when there is still time to take action to beat deadlines, earn bonuses and eliminate penalties
- ARM collects the cost saving and efficiency opportunities identified by frontline employees and provides this information to management for immediate action
- ARM is the system of record for all risk and opportunity information replacing numerous in-house databases, spreadsheets and systems
- ARM customers report that the increased efficiency from using a single, easy to use system, which provides information in formats ready to present to senior management, delivers savings by radically reducing administrative effort
With ARM, you will have the visibility and control you need to identify and manage risks that affect your organization’s profitability.