Welcome to Risk Companion

Risk Companion helps organisations make better decisions in the face of uncertainty. Before you click around the app, here is how we think about risk and what the platform is built to do.

The problem with most risk registers

In most organisations, risk registers live in spreadsheets. They get filled in to satisfy a process, filed away, and rarely consulted when a real decision needs to be made. Risks sit disconnected from the controls meant to address them. Assessments are done once and then go stale. Different teams keep their own copies. When something does go wrong, nobody can trace why the risk was tolerated, what was meant to prevent it, or who owned the response.

This is not a documentation problem. It is a decision-making problem, and that is what Risk Companion is built to solve.

How we think about risk

A risk is a future uncertain event that, if it occurs, would affect what your organisation is trying to achieve. Managing it well means three things:

  • ·Surfacing it before it materialises, through workshops, expert input, or AI-assisted suggestions.
  • ·Understanding it: what could trigger it, what the consequences would be, and what already exists (or could exist) to keep both sides in check.
  • ·Acting on it: assigning ownership, putting measures in place, and tracking whether they are actually working.

Risk Companion is built around that shape. It is not a list. It is a connected model.

The core concepts

You will meet these terms throughout the platform. The power is not in any one of them. It is in the connections between them.

Project

The unit of work. Each project has its own scope, team, risks, and measures.

Risk

Something uncertain that, if it happened, would affect the project. Each risk has an owner, a category, and an assessment.

Causes & effects

What could trigger a risk, and what would happen if it did. Visualised as a bowtie: causes feeding into the risk on the left, effects flowing out on the right.

Measures

The controls and actions that prevent causes (preventive) or limit effects (mitigating). Each measure has an owner, a due date, and a status.

Assessment

Probability and impact, captured both as the risk stands today and as you intend it to be once measures are in place.

Dashboards

Views that surface what is happening across projects: what needs attention, where progress is being made, where compliance gaps remain.

What makes Risk Companion different

Visual first

Bowtie diagrams turn an abstract risk into something a workshop can actually argue about: causes on the left, effects on the right, and the measures sitting on the lines between them.

Quantifiable

Monte Carlo simulation lets you see the cumulative impact of risks across the project, not just one risk at a time. It turns a register into a forecast.

Connected

Risks, causes, effects, measures, and assessments live in one model. Change a measure status and the dashboards update. Move a risk owner and the right person gets notified.

Assisted

AI suggestions help teams identify risks they might otherwise miss, which is useful in early-stage workshops or when scoping an unfamiliar project.

You do not need to use every feature on day one. Most teams start with a single project and a basic register, then add bowties and Monte Carlo as the conversation matures.

Where to go next

Overview & Navigation