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Effective Risk Management
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"Recent research indicates over 70% of programmes are late, over budget or ineffective. Organisations employing effective risk management have reduced this failure rate significantly and gained a significant competitive advantage"

Colin Wheeler, Istria Technical Director and PMI Risk Liaison

"IRIS risk mangement software helped us to derive major financial and performance improvements. The combination of quantitative and qualitative functionality provides robust decision support and the ability to navigate through complex scenarios"

Mehender Rawat, Programme Manager, London Underground

"WFI searched for a risk management support tool for many years. With IRIS, we have finally found a product we can introduce to our clients and ensure they manage their risks effectively"

Michel Sabatier, Head of Consulting, WFI

"In developing the IRIS software product, Istria have successfully managed to integrate our leading-edge quantitative techniques within an extremely intuitive and user friendly application. With IRIS’s qualitative risk matrices, customers now get the best of both worlds"

Chris Marlow, European Sales Director, Palisade Europe

"The IRIS software tool provides us with a rigorous methodology and our clients are able to generate a competitive advantage through risk management"

Mark Cook, Managing Director, Persides Ltd

About Our Partners

Click below to read about some of our alliance partners:

Palisade Corporation

Palisade

Sector: All

Region: Global

Founded in 1984, Palisade Corporation has been the leader in the decision analysis software industry. Since the introduction of PRISM, the first Monte Carlo simulation package for the PC, Palisade has refined and expanded the software tools available to executives and academics in the area of risk and decision analysis.

Palisade’s decision analysis software includes the DecisionTools® Suite: @RISK, TopRank®, PrecisionTree®, BestFit®, and RISKview™. These programs analyse risk, run Monte Carlo simulations, perform sensitivity analyses, create decision trees and influence diagrams, fit data to distributions, and solve optimisation problems.

Palisade and Istria work closely together. The @Risk Developers Kit is fully embedded within the IRIS software product, combining leading edge quantitative risk assessment with a user friendly intuitive application based on practical management of risk "at the coal face"

Read more at the Palisade website: www.palisade.com

Tecolote Research Inc.

4D

Sector: Aerospace / Defence / Public Sector

Region: North America

Tecolote Research, Inc. is a leading provider of financial management and analysis to the US Government. Excellent customer service means that repeat clients represent 85 percent of Tecolote’s business, and it maintains longstanding support relationships with organizations throughout the U.S. Department of Defense (DoD) and other Federal Government Agencies.

Since its founding in 1973, Tecolote has built a consistent record of success on the principles of technical excellence, independence, and integrity. It delivers reliable quantitative solutions that provide clients with a defensible understanding of the costs to execute their mission; real-world insight into the risks associated with their approach; and, most importantly, an ability to support decision makers in an environment of constantly changing budgets and priorities.

Tecolote recommend Istria’s risk management software IRIS as a unique approach to combining qualitative and quantitative risk management techniques. They have been members of Istria’s Consulting Partner Program (CPP) since its inception.

To find out more about Tecolote Research Inc, visit www.tecolote.com/index.html

Healthcare Econometrics

4D

Sector: Pharmaceutical / Healthcare

Region: North America

Healthcare Econometrics, LLC (HEI) employs sophisticated mathematical modelling methodologies to create comprehensive, valid, reliable forecasts for executives in the Healthcare Industry. HEI focus on the mathematics so that their clients can focus on understanding the market and making informed decisions. HEI has developed empirical research technologies to support the acquisition of valid, reliable and cost effective estimates of key market variables, including maximum adoption, market share, health economic climate, customer satisfaction, and a multitude of other intelligence to help understand and quantify the uncertainties and risks impacting your business. These include the information obtained through market intelligence research as direct inputs to your simulation model, so that some of the most important market driver assumptions are populated with empirically based values.

Healthcare Econometrics, LLC is a founding member of the Istria Consultant Partner Program (CPP) using the Istria risk management software, IRIS on Healthcare engagements.

For more information visit www.hei-us.com

WFI Next Generation Networks

Wifi

Sector: Telecommunications

Region: North America, EMEA

WFI is an independent provider of systems engineering, network services and technical outsourcing for the largest wireless carriers, enterprise customers and for government agencies. It has nearly 2700 employees around the globe with office locations throughout the US, APAC and EMEA. It provides the design, deployment, integration and overall management of wired and wireless networks which deliver voice and data communication, and which support advanced in-building automation and security systems.

WFI have fully embedded the Istria Risk Management methodology within their client offering and are currently using IRIS v2.5 on their engagements.

Read more at the WFI website: www.wfinet.com

Galorath

Sector: All

Region: EMEA

For the past 20 years Galorath Incorporated (also known as GA SEER Technologies) has provided the industry’s most comprehensive set of decision-support and production optimization tools. Combined with extensive consulting and support services, these estimation and analysis tools help manage product design and manufacturing operations, driving out costs and building in quality. An innovator in parametric analysis, Galorath’s SEER tools derive cost, schedule, labour and materials estimates by assessing the interaction and impact of product, organizational and even operational variables.

Galorath are leading members of the Istria CPP and utilise the IRIS software product suite on their engagements. For more information, visit http://www.galorath.com/

Persides

Persides

Sector: Aerospace / Defence

Region: EMEA

Persides has joined the Istria alliance network to provide risk management services to the Aerospace and Defence Industry.

Persides' management team experience extends to over 80 years in the defence and defence-related market place and covers a wide variety of programmes and clients including the Ministry of Defence, Thales, Raytheon and Rolls Royce. The common theme throughout is the design, development, integration and support of complex hi-technology systems against fixed price contracts and demanding timescales.

Read more at the Persides website: www.persides.com

Harris & Porter

Sector: Construction / Public Sector

Geography: EMEA

Founded in 1908, Harris & Porter has in the last 25 years developed from a soundly based Chartered Quantity Surveying practice into a modern commercial practice providing a range of complementary property and construction related consultancy services.

Harris and Porter offer risk management as part of its property and facilities related consultancy services. We believe that comprehensive risk management can add value to your projects by aiding the decision making processes, helping you to make the best decisions to realise cost, time and performance benefits.

Harris & Porter utilises the IRIS software application and the Istria Risk and Issue Management Method at the core of its risk management offering.

Read more at the Harris & Porter Website: www.harrisandporter.co.uk

Business Link

Sector: All / Small Business

Geography: EMEA

Business Link provides the information, advice and support form small businesses in the UK to grow and succeed. It provides information and advice to help businesses make the most of their opportunities. Rather than providing all the advice and help itself, it fast-tracks customers to the expert help they need, including Istria’s Risk Management Solutions.

The Business Link service is a crucial part of the UK government's campaign to promote enterprise and to make the UK the best place in the world to start and grow a business. Business Link is available locally and quality assured regionally to clear national standards. It is primarily funded by the Department of Trade and Industry, supported by a number of other government departments, agencies and local authorities.

Business Link recommends Istria as an expert provider of Risk Management Solutions and regularly organise Risk Management Training sessions for small businesses.

Read more at the Business Link website: www.businesslink.gov.uk

Whittaker Prestige Architects

Sector: Construction / Public Sector / Transportation

Geography: EMEA

Whittaker Prestige Architects are a UK based company providing services to the UK Construction Industry. They specialise in construction for the public sector and transport industry. Their services include Design Feasibility Studies, Architectural Design & Contract Administration, Pre-Contract Site Investigation & Desk Top Studies, Project Management, NHER Assessments and Thermal Analysis, Planning Supervisor under CDM Regulations, Interior Design and Strategic Planning.

Whittaker Prestige utilises the IRIS software application and the Istria Risk and Issue Management Method at the core of its project management offering.

Read more at their website: www.wparchitects.co.uk

4th Dimension

Sector: All

Geography: Global

In its 21st year of innovation, 4D, Inc. is a worldwide leader in software solutions that simplify the development and deployment database applications. This technology is called relational database management systems (RDBMS). 4D’s software tools allow programmers for small, medium and Fortune 500 companies to build better database and Web applications more quickly, more accurately, more securely and with greater ease than with any other product on the market.

Read more at the 4D website: www.4d.com