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Risk Management
InEight Risk Management combines powerful AI, historical data and your team’s real-world expertise to create realistic plans that have been adjusted for cost and schedule risks.
BENEFITS
- Optimize your planning and scheduling with continual risk identification and assessment — versus one-off risk assessments that are disconnected from reality
- Account for risk in real time and analyze the impact based on past project history and team feedback
- Attain greater collaboration and accuracy as you include risk input from those who have first-hand experience with the work
- Identify risks that may go unnoticed through artificial intelligence
- Protect profit margins by reducing risk before you bid
REDUCTION
in risk analysis time.
DRAMATICALLY IMPROVE
plan accuracy.
CENTRALIZED VISIBILITY
to risks and opportunities for mitigation planning.
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THE PILLARS OF ADVANCED RISK ANALYSIS
InEight helps you incorporate real, on-going risk assessments so you easily manage risk from bid, to execution and mitigation — right through to retirement.
Provide project teams with a collaborative, comprehensive framework to proactively assess and manage risks.
Create more accurate schedules and budgets using artificial intelligence (AI) + human intelligence (HI) to incorporate the impact of event and uncertainty risk.
Apply sophisticated Monte Carlo simulations to calculate cost and duration contingencies required to achieve a desired level of confidence.
FEATURES
- Leverage the built-in risk register to list discrete event risk threats, opportunities and ideas. And make them visible to team members throughout construction
- Gain visibility into areas of varying and low consensus via team member feedback, then generate a three-point estimate and auto-weigh the distribution for each line item
- Drive quantitative assessments from a consensus pool and eliminate traditional three-point estimates
- Combine human intelligence with AI culled from past projects to provide planners a full view of potential outcomes
- Perform Monte Carlo analysis across thousands of simulations to determine contingency needed
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RELATED SOLUTIONS
Solve more of your biggest project pain points by exploring additional solutions.
COST BUDGETING & FORECASTING
Empower project stakeholders to create accurate forecasts and budgets based on real-time metrics.
SCHEDULING & SHORT-INTERVAL PLANNING
Helps you create more realistic conceptual schedules, CPM schedules and short-interval plans using AI and best-in-class collaboration.
Ready To Get Started?
Schedule a one-on-one consultation with an experienced InEight solutions expert.