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Construction Risk Management Software for Capital Projects

Projectmates Risk Management software module gives owners an easy-to-use tool to manage and mitigate risks before they cause costly delays, budget overruns, and communication breakdowns. When you have Projectmates integrated into your operations, you can achieve faster, more-accurate decision-making.

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Construction Risk Management Software for Capital Projects

Projectmates Risk Management software module gives owners an easy-to-use tool to manage and mitigate risks before they cause costly delays, budget overruns, and communication breakdowns. When you have Projectmates integrated into your operations, you can achieve faster, more-accurate decision-making.

Request a Demo

How Construction Risk Management Software Improves Project Outcomes

Reduce uncertainty, respond faster, and keep capital projects on track with the Projectmates Risk Management module. From funding to closeout, you can log, prioritize, and resolve risks before they escalate, minimizing delays and improving decisions. Track issues on the jobsite in real time, categorize them by the projected severity of their impact, and assign clear responsibility for mitigation. Beyond a digital log, the module reveals trends, generates audit-ready reports, and equips leadership with the real-time project insights to act, not just react. Compared to many of the alternatives, Projectmates construction risk assessment delivers benefits including:

• Visibility

• Accountability

• Forecasting

• Reporting

Owners see an average 4.2% cost increase and 6.3% schedule overrun on projects where risks aren’t adequately managed.
Dodge Data & Analytics
Projectmates Risk Management

Core Capabilities of Projectmates’ Risk Management Software

Projectmates delivers powerful construction issue management tools to help you identify, assign, mitigate, and close out potential problems before they have a chance to impact your budget and schedule. 

  • Automated risk identification helps you prevent delays and added costs. 
  • Risk rule customization aligns risk detection with your priorities to ensure your risk categorization is always focused on the right areas. 
  • Portfolio-level risk reporting tools reveal patterns and trends across all your projects to ensure audit readiness. 
  • Configurable dashboards deliver the right project risk tracking insights to the right stakeholders for enhancing your communications. 
  • Scoped access for risk task assignment drives accountability without oversharing. 

Why Owners Choose Projectmates for Construction Risk Oversight

Projectmates was designed to be secure, configurable, and aligned with your unique needs. Risk Management is fully integrated with the rest of the platform, so your teams can act faster, communicate clearly, and manage risks with confidence from planning through closeout. Integrate your capital project risk management into construction portfolio management workflows such as document management, project budgeting, scheduling, bid management, and more.  

Software Secure

See How Projectmates Reduces Risk Across Capital Projects

In addition, our software platform helps protect your sensitive data through robust cybersecurity, role-based permissions, and managed collaboration tools. It’s the ideal solution for managing large-scale capital projects across higher education, government, and enterprise work. To learn more about how Projectmates’ owner-focused construction software can enhance your operations, reach out and speak with one of our representatives today to start your demo.  

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Speed guide to features

Cost Tracking

  • Full-cycle budget tracking

  • Highly configurable approvals

  • Easy import from Excel or other templates

  • Track budget vs. commitments/change orders vs. actuals

  • Single-click budget to contract creation

  • Robust reporting and dashboard features

  • Insightful vendor tracking

  • Vendor tracking reports

  • Automatic retainage tracking

  • Complete change order management

  • Link RFIs, PCOs and change orders together 

  • Specify required files in a template

  • Automatic approval notifications and reminders

  • Integrates with two-way bids and plan room

  • Flexible ERP integration

  • Sophisticated and flexible role-based approvals

Projectmates Reviews:

“The best software to manage construction jobs from start to finish! Projectmates invoice workflow cut down at least 40% of my work.”

Dawn Y.

Real Estate Construction Coordinator, Conn's Home Plus

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