Risk Management

Identification, assessment and reduction

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Plan and Manage

Get sem.PCP today Create projects by managing and reducing risks


Create projects by managing and reducing risks. PCP Risk Management feature set helps project managers identify, analyze, and mitigate or reduce hazards that might affect your projects’s success.

It greatly facilitates compliance with the risk-related requirements of ISO 14971, ISO 26262, IEC 61508, IEC 62304, DO-178C, and other safety-critical standards.


PCP’s integrated risk management functionality allows you to conduct all the steps of a comprehensive risk management lifecycle:

  1. Risk Identification
  2. Classification and Assessment
  3. Hazard Analysis
  4. Risk Reduction Plan
  5. Risk Mitigation Actions
  6. Documentation and Reporting
Multiple Project Management
Project Overview

Risk Module

Create a risk registry to identify and analyze all hazards using preconfigured, yet flexibly adaptable risk and failure mode work items, or create your own artifacts. Save your risks to libraries, and re-use them in future projects. Set likelihood (occurrence), severity, and detection values for each of your risks. When conducting FMEA, a Risk Priority Number will be automatically calculated based on these values to support risk prioritization. Visualize your overall risk level as well as how your mitigation actions are performing using our configurable Risk Matrix Diagrams.

Integrated Risk Management & Traceability

Derive risks from keypoints(to collect and analyze all risks of a certain key point), or the other way around. Links may be automatically established between keypoints throughout the lifecycle, ensuring end-to-end risk traceability. Report on risk coverage and trace items forward and backwards to facilitate compliance.


Failure Mode and Effects Analysis (FMEA)

Support your risk management with Failure Mode and Effects Analysis. PCP’s preconfigured but flexibly adaptable FMEA artifacts let you collect and analyze failure modes, and allow you to plan, manage, and document the execution of all your mitigation actions. Export a comprehensive FMEA worksheet to report on your Failure Mode and Effects Analysis process.

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