Technica-NNC
Banchory Business Centre
Hill of Banchory Business Park
Burn O-Bennie Road
Banchory
Aberdeenshire
AB31 5ZU
Tel : 01224 868820
Fax : 01224 869377
Website
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Risk Management Software
If you need risk management software, then Technica-NNC could be the company you are looking for. They have developed a risk management software called WellFocus which is a risk based, decision guiding tool to help identify the most economical well engineering option during planning and operations. The risk management software is used to challenge technical limits and manage the mitigation of project specific risks. The risk management software utilizes a dynamic database and incorporates a risk simulation facility for the quick and efficient analysis of well engineering operational data.
The risk management software provides a spread of final risked times and costs, and identifies the activities that pose the greatest risk to overall project economics and operations. The risk management software helps identify and measure the effects of major hazards before an operation is started. The risk management software also has the capability to utiulize real-time information to improve predictions during operation.
The risk managements software has an intuitive format which ensures risk models can be compiled and assembled quickly and easily ensuring efficient use of engineers’ time. The risk management software outputs P10/50/90 cost and time curves, time/depth curves, tornado charts and provides key analysis data quickly and easily.
The risk management software analyses a sequence of activities, each of which contains information on risk free time and cost, potential hazards, probability of hazard occurrence, general description of hazards and consequences. The risk management software output includes project cost and time spread, list of influential risks, risk time versus depth curve, risk time versus progress curve. The risk management software combines all of this to present a simple program for efficient focusing of engineering effort to reduce risk exposure.
So if you are looking for risk management software, or are interested in finding out about Technica-NNC’s risk management software “WellFocus”, why not give them a call.