
The Predict! Suite combines everything you need for successful risk management strategy in one simple, easy to use package.
Vendor
Lumivero
Company Website
Enterprise-wide risk management
The Predict! Suite combines everything you need for successful risk management strategy in one simple, easy to use solution. As a risk professional, there’s no time to waste on manual administrative tasks or updates. With the power of Predict!, you can focus on strategic, risk-based decision making that will create stakeholder confidence, safeguard reputation, and deliver results on time and on budget.
How Predict! works
From the ground up, Predict! has been designed to be your simple and easy-to-use risk management center. From here, you can manage your entire risk network, individual projects, multiple projects, operational, strategic, and corporate risks–and so much more–within three key screens.
Dashboard
Through your Personal Dashboard, you can quickly identify and drill down to which risks and, most importantly, which actions need your attention and speedy response. Through the Folder Dashboard, you can browse the risks and actions you are responsible for and review their status and proximity. Message-driven prompts encourage you and your team to engage in proactively managing risks and actions.
Risk & action lists
Gain clear, transparent and full visibility of the most significant risks across your business from any perspective you choose, without the need for manual selection of the top risks, or labor-intensive merging of out-of-date spreadsheets. From here, you can view risks associated with the entire organization or portions of it, individual projects or custom lists to include multiple projects and areas of interest.
Risk detail
Drill into Risk and Action Lists to access a fully configurable view of all the details behind any risk. Customize field visibility, labels, headings and help text to immediately see the status of your risk and what actions you need to take. View and update initial, current and target risk assessments, controls, risk velocity, risk window and more; add as many cost, time, reputation, safety, and other impacts as you wish.
Benefits of Predict!
By combining the Predict! capabilities with our decades of consulting expertise, you can build a proactive strategy for risk management.
Bringing projects in on-time and on-budget
For any organization, having a complete picture of how you manage your risks is vital to a successful risk strategy. With Predict!, you get a comprehensive understanding of your organization's risk exposure and the confidence to lead an impactful response through effective, engaging, and integrated risk capability.
Safeguard how you connect risk across your organization
Predict! Risk Controller is the ISO 31000 compliant database that contains all of your risks including threats, issues and opportunities along with controls and actions. Predict! meets your risk management needs with a modern, fully integrated system including risk assessment, analysis, reporting and visualization. It gives you the complete picture of how you are managing your risks and makes it easy for everyone in your team to keep those risks up to date.
Predict! Suite overview
Predict! Risk Controller
A full picture of risk management is vital to a successful strategy. Predict! Risk Controller provides a clear understanding of your business risk exposure, enabling confident decision-making and impactful responses. Designed for simplicity and speed, this intuitive platform enhances user engagement and organizational adoption—allowing you to focus on long-term organizational strategies, grounded in accurate data.
- User-friendly interface: Three simple screens—Dashboard, Lists, and Detail—ensure that even infrequent users can efficiently update and manage risk and action information.
- Powerful lists: Select the risks, actions, and controls that meet your criteria from all the items that are visible to you. Perform quick and/or bulk updating directly from the list view. No more spreadsheet-based restrictions.
- Configurable assessments: Qualitatively or quantitatively assess risks based on the criteria and thresholds relevant to their area of impact (project, program, business unit, etc.). Easily remap risks from multiple areas to see them from a consistent program, functional, or enterprise perspective.
- Improved decision-making: Generate insightful reports that allow you to ‘slice & dice’ your risk data to identify risk hotspots or anomalies.
- Proactive notifications: Receive alerts for new items, significant changes, and upcoming or overdue risks and actions, ensuring timely responses and continuous engagement.
- Predict! Connect API: Link Predict! to your favorite business applications. Our two-way REST API is licensed free of charge with Predict! Risk Controller and enables you to add or update Predict! information.
Predict! Risk Analyser
Projects operate in a constantly evolving environment, and Predict! Risk Analyser ensures you can confidently handle uncertainty and make quick decisions. Use Predict! Risk Analyser to test the resilience of your schedule and budget, pinpoint key risk areas impacting project completion, and demonstrate the benefit of mitigation actions.
- Create options: Play what-if to work out the best ways to manage risks and exploit opportunities. So you can make smarter scenario based risk decisions about the route to take.
- At a glance: Schedule and cost confidences show your current risk position. Tornados and S-curves support decision making. See immediately where to focus.
- Pin-point the drivers: Identify uncertainty hot spots, key risks and opportunities driving the schedule and budget. With Predict! you can deep dive into the data to discover the answers you need.
- The benefit of action: Calculate the cost benefit and build a business case for proactive expenditure. Get ahead of the game, so you can return contingency budget to margin.
Predict! Risk Reporter
As busy managers, you need to make data-driven decisions quickly. Reports with clear visualizations of real-time risk information from across your organization are essential. With Predict! Risk Reporter, you can create and share custom report templates within the Predict! Risk Controller report menu – encouraging broader user engagement.
- Integrated and practical: All reports run from the Predict! Risk Controller list and detail screens, simplifying corporate reporting. Produce editable Microsoft Word, PowerPoint, or PDF documents, with direct navigation to specific risks.
- Corporate consistency: Deliver your organization's distinctive reporting requirements, whatever the complexity. Have your reports ready for decision-making; monthly, quarterly, or any time in-between.
- Whatever you want: Present your data in the way that works for you. Visualizations – heat grids, scatter/bubble charts, spider charts, etc. – as well as tabular formats.
Predict! Risk Visualiser
As organizations manage complex risk networks, having a clear, interactive view of risk relationships is essential. Directly accessible from any Risk List, Predict! Risk Visualiser allows you to take a view across your entire risk network, business unit, single or multiple projects, in a top-down interactive format showing you:
- Risk grouping: View risks categorized by the criteria of your choice.
- Risk connections: Understand how risks are linked and assess the strength of their connections.
- Risk velocity: Identify how quickly risks could impact your organization. Predict! Risk Visualiser’s interactive capability is the perfect tool to open up risk conversations across your organization and is ISO 31000 compliant.
Predict! Connect
Predict! Connect, our two-way REST API, is licensed free of charge with Predict! Risk Controller and enables you to:
- Extract risk, action, and control information from the Predict! database into Common Data Environments.
- Access Predict! data for use in reporting tools such as Microsoft Power BI
- View, create and update Predict! Risk, action, and control data through web pages or self-built applications
- Link Predict! to and from your favorite business applications (subject to appropriate connector availability). Predict! Connect requires standard user login access and complies with the Predict! security model.
Predict! Bow Tie
Risk professionals need effective ways to communicate risk and its potential impacts to key stakeholders. The bow-tie diagram is a powerful tool that visually represents the causes, consequences, and controls surrounding a risk, making complex risks easier to understand.
- **Improve collaboration & risk understanding: **Visualize risks in a bow-tie format to help all stakeholders grasp and communicate risk environments clearly.
- **Monitor changes in your risk environment: **The dynamic bow-tie diagram updates automatically as risks evolve, enabling quick responses.
- **Facilitate risk discussions & strengthen risk culture: **Use the Bow Tie Report as a central tool for reviews, ensuring risk ownership and alignment with risk appetite.