RiskProfiler app for iPhone and iPad
Developer: PSC Group LLC
First release : 18 Apr 2011
App size: 2.03 Mb
This simple tool can help you quantify the risk profile of a given project.
It is not intended to be used as an absolute scoring mechanism – if it is it will not work for you. What this tool can be used for - very effectively - is the evaluation of incremental or comparative risk between your project alternatives. In time, this tool can also be used to see if your average risk profile is migrating lower or higher.
This can be indicative of changing business conditions that are favorable or require attention from a political perspective.
Perhaps the most useful application of this tool is how it can be used to verify that you are entering each project having considered the fundamentals. In this way, you can ensure that you are having the proper business dialogue at the onset of each investment.