RAID
Enhancing project management efficiency
RAID
In the complex world of project management, Verto’s RAID feature stands out by addressing Risks, Assumptions, Issues, and Dependencies, ensuring your projects are delivered on time, within scope, and on budget.
Verto Feature
Risk Management
Use Verto to track and manage risks for every kind of project you embark on. Built for large and small projects alike, risks can be aggregated up to programme and portfolio levels, providing an overarching view allowing you to focus where help may be needed.
-
Single click risk definition using our customisable matrices
-
Manage risks by adding mitigating actions and proximity dates
-
Assign owners and actions to individual risks
-
Produce risk logs and report at multiple levels
-
Quickly escalate a risk into an issue when required
-
Configure formats and fields to match or replace existing risk registers
-
Instant view of your risk landscape through preconfigured dashboards
Verto Feature
Assumptions
Assumptions provide a foundation for planning activities. They allow the project team to estimate timelines, costs, resources, and other project parameters with the understanding that certain conditions will hold true.
Use Verto to centrally record and collaborate on your assumptions so they’re agreed and understood. Assumptions can be categorised and then viewed using the dashboards and standard reports.
Verto Feature
Issues
Issues are problems, challenges, or unexpected events that arise during the course of a project and need to be addressed and resolved. Unlike risks, which are potential problems that might occur in the future, issues are problems that have already occurred and are impacting the project.
Use Verto to manage your issues including:
-
Define your own categories of issues to group them meaningfully
-
Record a management timeline including date raised, target resolution date and actual resolution date
-
Define ownership providing accountability and visibility to the project team
-
Record updates as action is taken to resolve the issue
-
Record a description of the resolution which can feed into lessons learned
Verto Feature
Dependencies
Dependencies are the relationships between different items where there is a connection, and one potentially impacts the other. Properly identifying, analysing, and managing these dependencies is essential for successful project planning, execution, and control.
Use Verto to record your dependencies at multiple levels and go beyond task level dependencies to make connections across all your work.
-
Inside your project, where one task is dependent on another
-
Outside your project, where one task is dependent on a task in another project
-
Inside your project, where one element is dependent on another, for example a financial milestone is dependent on a tas
-
Outside your project, where one element is dependent on another, for example an issue in one project is dependent on a task in another project
Visualise the interconnectivity of all your dependencies using Verto’s Network Map