Line International and Pertmaster Announce Partnership to provide clients with a solution for enterprise project risk management (EPRM)

Enterprise Project Risk Management (EPRM) has up to now been virtually impossible to achieve for most organisations. The lack of EPRM has led to some recently publicised cases where a combination of; poor risk analysis, poor risk management and poor executive visibility on risk have had disastrous consequences for the project and the organisations involved.

(PRWEB) October 16, 2003 --Line & Pertmaster are currently working with organisations to pilot their new EPRM solution. In essence, the EPRM solution provides the ability to re-assess decisions made in the light of changes and external influences or to dynamically review the current status of an activity in a planning schedule.

Sarim Khan, Pertmasters Director of Business Development said This partnership supports a totally unique solution within the risk analysis and management space. Our monte-carlo schedule risk software can be run directly on all versions of Primavera scheduling software and Microsoft Project thereby underpinning EPRM at the planning and project management stages.
Also our latest release contains a Microsoft VBA platform for bespoke solutions and corporate Macros making it easy to share our risk data with Lines RisGen software"

Lois Bentley, Lines Head of Risk Management commented, EPRM is a goal desired by many of our clients, who have used our services and deployed the RisGen software to provide a tiered view of risk within the organisation. This partnership enables clients to integrate Pertmasters schedule risk information within this, so that corporate risk reporting is both qualitative and quantitative and effectively communicated to the right people".

About Line International:
Line International Limited is an established consultancy company and the developer of the successful risk management software tools, Ris3 and RisGen that are in use by a wide range of public sector and international corporations.

RisGen is an Enterprise Risk Management tool that is generically capable of supporting any environment with respect to the management of risk, whether at the Project, Corporate or Global level. Its objective-based approach simplifies the compilation and communication of all types of risk which may prevent an organisation from achieving its objectives.

The tool has been accredited by the Institute of Chartered Accountants in England and Wales (ICAEW); publishers of Internal Control -- Guidance for Directors on the Combined Code" commonly known as Turnbull Guidance".

The deployment of RisGen will aid the refinement of the risk management culture, provide an auditable trail of risk management activity and calculate an indication of financial exposure at any organisational level or for a specific activity.
The management and communication of risks in any organisation is critical to achievement of objectives. The flexibility of the RisGen design enables activities to be assessed at the local level and reported up to fulfill corporate governance reporting requirements.

About Pertmaster:
With a community of over 5000 global users and 20-years of project risk software experience we focus on providing our clients with world-class software for schedule risk analysis.

Pertmaster is fast becoming recognized as the de-facto standard for project schedule risk analysis, and our software enables our clients to be better equipped to deliver their projects on time and within budget.

Our highly acclaimed software suite consists of Pertmaster Project Risk" & Pertmaster Risk Expert". All our software can run either as a standalone risk system or as a powerful project risk add-on" to all versions of Primavera scheduling software and Microsoft Project.
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