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Project

Project Risk Management

Risks logged against the WBS element they threaten — not a separate spreadsheet nobody updates.

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Inside the project
Risk register location
not a separate spreadsheet that drifts out of date

Risk registers kept in a separate document rarely get updated once the project is underway, which defeats the point of having one. TrackElan keeps the risk register inside the project module itself, with each risk tied to the WBS element it threatens, so reviewing project status and reviewing project risk happen in the same screen instead of two different meetings.

Mitigation owners, target dates, and status are tracked the same way any other project data is tracked — which means risk reviews actually happen because the data is already where the PM already is.

What's included

Capabilities

Risk register entries linked to specific WBS elements
Probability and impact scoring with automatic risk-level calculation
Mitigation plan and owner assignment with due dates
Risk status tracking (open, mitigating, closed, realized)
Risk exposure reporting rolled up to project or portfolio level
Risk history retained for lessons-learned review
Why buy

Why teams buy Project Risk Management

Keep the risk register alive by putting it where the PM already works

Review cost, schedule, and risk in one place instead of three tools

Roll risk exposure up to a portfolio view for leadership

Build an institutional lessons-learned record instead of losing it project to project

Cost & time comparison

How Project stacks up

Directional estimates based on typical mid-market rollouts. TrackElan cost index is normalized to 1.0; SAP/Oracle figures reflect license, implementation-partner, and BI add-on costs common at this deployment size.

Typical time to go live (weeks)
TrackElan2w
SAP37w
Oracle31w
Spreadsheets / Legacy1w
Relative total cost (index, TrackElan = 1.0)
TrackElan1×
SAP4.7×
Oracle4×
Spreadsheets / Legacy2.2×
CapabilityTrackElanSAPOracleSpreadsheets / Legacy
Native project in the base licenseExtra module/SKUExtra module/SKU
Reporting & pivots includedSeparate BI licenseSeparate BI licenseManual only
Typical go-live2–4 weeks9–12+ months8–10+ monthsN/A
Implementation partner required
Data stays reconciled automatically
More in Project

Ready to see project risk management in your own data?

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