Product Range

Istria has a range of solutions to help organisations manage risks of all sizes and complexity.

IRIS Lite

Utilises best practise risk management processes to enable organisations to create a clear and consistent method of managing risk. Uses only qualitative assessments of risk (High, Medium, Low) based on minimal data collection.

Available as an off the shelf solution only.

IRIS Professional

Designed for organisations that need to integrate risk management within wider business practices. Features integration with Microsoft Office, including automatic email reminders, export of risk data directly into PowerPoint reports and the ability to assess the impact of risks using cost, schedule and performance criteria.
Available as an off the shelf solution or customised to client requirements

IRIS Expert

Features a fully integrated Monte Carlo engine to allow statistical analysis or your risk exposure. This feature enables you to calculate the return on investment from your all risk mitigating activity and prioritise budgets to ensure you are achieving the best bang for your buck.

Available as an off the shelf solution or customised to client requirements.

Each product is available in a Project Risk Edition or Enterprise Risk Edition and can be purchased as named user or concurrent licenses.

Feature	Benefit	Lite	Professional	Expert
Best Practice Risk Management Process	Embed a structured, repeatable and auditable risk management process at the heart of your business
Dynamic Risk Matrices	Provides an instant snapshot of most important risks and any change in risk status
Return on Investment Calculations	Instantly prioritise activity based on the most “bang for your buck”. Ensure the maximum benefits are generated from limited budgets
Automated Email reminders	Keep data fresh with automated email reminders to risk owners when actions are due
Fully Flexible Reporting Engine	Provides ability to build a suite of customisable reports for each stakeholder
Integration with Excel, PowerPoint Project etc	Instantly create a project schedule in MS Project. Generate PowerPoint reports for Senior Management in seconds. Export data to Excel and other applications
Quantitative Statistical Analysis of Risk Exposure	Quantify your risk exposure using robust statistical techniques rather than simple estimation procedures
Secure Audit Trail	Internal and External Assurance for Risk Management Activity
Waterfall / Risk Burndown Charts	Instantly and simply demonstrate the trend in the progress of the risk over time and compare the impact of risk mitigations with the original plan
Restrict Access to Sensitive Risks	Specific access restrictions can be set up for each user so they can only view or amend risks for their own project / departmen	On Request
Issue and Opportunity Management	Issue and Opportunity management systems available to provide an integrated and effective approach for the management of risks, issues and opportunities	On request
Customisation to Organisational Preferences	The software may be fine tuned to the terminology, organisational structure and corporate colours	On Request	On Request