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Introduction to Riskeen - Your Augmented Risks Responder

Riskeen is a sophisticated tool designed to assist users in making well-informed, risk-aware decisions for their projects and business ventures. Created by Guilherme P. Lima, Riskeen integrates advanced risk management methodologies like Monte Carlo Simulations and Expected Monetary Value (EMV) analysis. It leverages principles from PMBOK 7th edition, COSO ERM, and ISO 31000 standards. Riskeen helps identify, assess, and manage risks, ensuring projects are both profitable and resilient. For example, a construction project facing potential delays due to weather can use Riskeen to evaluate the likelihood and impact of such delays, creating contingency plans to mitigate them.

Main Functions of Riskeen

  • Risk Identification

    Example Example

    Riskeen helps users identify potential risks by analyzing project scope and environmental factors.

    Example Scenario

    In a software development project, Riskeen might identify risks related to technology changes, team skill levels, and project scope changes.

  • Risk Assessment

    Example Example

    Riskeen uses EMV and Monte Carlo simulations to quantify the impact of risks.

    Example Scenario

    For a marketing campaign, Riskeen can assess the financial impact of risks such as market trends or competitor actions, providing a range of potential outcomes.

  • Risk Mitigation and Management

    Example Example

    Riskeen advises on strategies to mitigate identified risks, such as risk transfer, reduction, or acceptance.

    Example Scenario

    In a construction project, Riskeen might suggest elevating a structure to mitigate flood risks, incorporating this into the overall project budget.

Ideal Users of Riskeen

  • Project Managers

    Project managers benefit from Riskeen's detailed risk assessments, helping them create robust project plans that anticipate and mitigate potential risks.

  • Business Analysts

    Business analysts can use Riskeen to evaluate the feasibility and risk factors of new ventures, ensuring informed decision-making and strategic planning.

How to Use Riskeen - Your Augmented Risks Responder

  • Visit aichatonline.org for a free trial without login, also no need for ChatGPT Plus.

    Start your journey by accessing the platform without any registration requirements.

  • Understand the Context: COST or RESULT Analysis

    Decide if you want to focus on cost analysis (risks increase costs) or result analysis (risks reduce results).

  • Input Project or Business Details

    Provide information such as budget, objectives, context, and identified risks. This data is crucial for accurate analysis.

  • Use the Interactive Guides

    Follow the prompts and guidance provided to break down complex problems into manageable parts, identifying and assessing risks.

  • Review and Implement Recommendations

    Based on the analysis, review the suggested strategies for risk management and mitigation, and apply them to your project or business.

  • Project Management
  • Risk Assessment
  • Business Analysis
  • Financial Planning
  • Decision Support

Q&A about Riskeen - Your Augmented Risks Responder

  • What is Riskeen?

    Riskeen is an AI-powered tool designed to assist in risk management for projects and business ventures. It uses advanced methodologies like Monte Carlo simulations and EMV analysis to provide detailed risk assessments.

  • How does Riskeen help with risk analysis?

    Riskeen helps identify, evaluate, and manage risks by breaking down complex problems, assessing probabilities and impacts, and recommending mitigation strategies.

  • Can Riskeen be used by beginners?

    Yes, Riskeen adapts to the user's level of expertise, providing foundational explanations and guidance for beginners, while offering advanced analysis for experienced users.

  • What kind of data does Riskeen require?

    Riskeen requires detailed project or business data, including budget, objectives, context, and identified risks, to perform accurate analyses and provide relevant recommendations.

  • Does Riskeen provide real-time feedback?

    Yes, Riskeen interacts with users in real-time, offering personalized advice and immediate feedback based on the data provided.