Omega 365 Risk Management logo

Omega 365 Risk Management

by Omega 365 · Since 1987
No reviews yet
ActiveAvailable globallyCloud
Quick facts
VendorOmega 365
Year launched1987
StatusActive
LocationØlensvåg, Norway
Countries servedGlobal
Languages2
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesYES

About Omega 365 Risk Management

A risk management module within the Omega 365 platform. It provides a centralized risk register to identify, assess, and mitigate project risks, helping teams maintain a common understanding of opportunities and threats.

Omega 365 Risk Management is a component of the broader Omega 365 project and asset management platform. It is designed to help organizations identify, assess, and mitigate project risks through a live-connected Risk Register. The tool centralizes all opportunities and threats, allowing for detailed tracking of mitigation actions and ownership. Key features include a visual risk matrix for prioritizing items by probability and impact, and AI-powered insights to enhance risk identification. The software is aimed at improving efficiency through automated tracking and reporting, ensuring compliance, and providing clear visibility into risk exposure across projects. As part of the integrated Omega 365 suite, it connects risk data with other project management functions like scheduling, cost, and document control. The vendor does not publish pricing, requiring potential customers to request a demo for more information.

Pros & Cons

Pros
  • Provides a centralized risk register for a comprehensive overview of threats and opportunities.
  • Includes mitigation workflows to track actions and assign owners.
  • Visualizes risk data with a probability and impact matrix.
  • Integrates with a broader suite of project and asset management tools.
  • Leverages AI to provide enhanced risk insights.
Cons
  • Pricing information is not publicly available and requires a demo request.
  • The product is a module within a larger platform, which may be more complex than needed for standalone risk management.

Features

Key features

Risk Register

Centralize all project risks with associated metadata and status for a comprehensive overview.

Mitigation Workflows

Track mitigation actions, assign owners, and manage follow-up tasks to ensure accountability.

Risk Matrix

Visualize risk probability and impact to prioritize and focus on the most critical threats and opportunities.

AI-Powered Risk Insight

Utilizes AI to help identify, understand, and mitigate risks directly within the platform.

Additional features

Automated Reporting

Streamlines the process of tracking and reporting on risk status and mitigation efforts.

Compliance and Accountability

Helps maintain compliance with standards and provides a clear trail of accountability for risk management activities.

Organizational Visibility

Offers a clear view of risk exposure across the entire organization or project portfolio.

Structured Reporting

Facilitates structured reporting for teams and stakeholders.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
2
Interface languages
—
Billing currencies

Interface languages

EnglishNorsk

No reviews yet

Be the first to drop a review

Alternatives to Omega 365 Risk Management

Zorg ERP logo

Zorg ERP

Zorg ERP is an enterprise resource planning software from Inabex that focuses on managing business…

Vulcan ERP Platform logo

Vulcan ERP Platform

Vulcan ERP Platform is a business management software from Vulcan ICT that supports organizational efficiency.…

UZASHOP POS logo

UZASHOP POS

UZASHOP POS is a point of sale software from Uzashop POS that powers business operations.…

TAYSSIR ERP logo

TAYSSIR ERP

TAYSSIR ERP is an enterprise resource planning software from TAYSSIR that supports business management. It…

Sylvia logo

Sylvia

Sylvia is a content management software from Sylvia that assists in managing digital assets. It…

SPOTTER logo

SPOTTER

SPOTTER is a data analytics software from Acumen Software that assists organizations in tracking and…

Spot something wrong or outdated?

Suggest a correction — a reviewer verifies every change.

Often compared with Omega 365 Risk Management

Compare any two tools →
Zorg ERP logo
Zorg ERP
Enterprise Resource Planning
0.0
Vulcan ERP Platform logo
Vulcan ERP Platform
Enterprise Resource Planning
0.0
UZASHOP POS logo
UZASHOP POS
Enterprise Resource Planning
0.0
TAYSSIR ERP logo
TAYSSIR ERP
Enterprise Resource Planning
0.0