RiskMIS: A Web-Based Risk Management Information System

Abstract

Risk management is the systematic process of identifying, assessing, monitoring, and responding to risks in projects and ongoing operations. Effective execution of risk management activities is essential for the successful completion of projects and the achievement of key performance indicators in operational environments. In recent years, organizations have increasingly emphasized the proactive identification and mitigation of risks before they materialize. Consequently, risk assessment is addressed early in the lifecycle and continuously revisited to ensure the proper functioning of ongoing operations and the successful delivery of projects. A central tool in the risk management process is the risk register, which consolidates all critical and relevant information related to identified risks. The risk register serves as a focal point around which risk management activities are organized. It is inherently dynamic and must be continuously updated to reflect changes in risk exposure and response strategies. When properly managed, the risk register supports informed decision-making and enables managers to handle risks in a systematic and timely manner. The primary objective of this study is to bridge theory and practice by developing a risk management information system centered on a comprehensive risk register. The study presents the design of the proposed system using established modeling techniques and diagrams, followed by the development of a functional prototype based on modern web technologies. Finally, a demonstration of the prototype is provided to illustrate its capabilities and practical applicability.