September 24, 2021 by Elevating Risk Management Effective risk management is essential to event success. There’s no shortage of tools that help you manage risk, but none have the power of PYXIS. PYXIS is a risk management system that draws on the unrivaled data and innovation of AP-Networks. In PYXIS, you can Import risks from past events and other sites, as well as pre-populate a register with known Industry risks taken from AP-Networks’ comprehensive industry performance database. You can also track mitigation and contingency action plans and the subsequent reduction in risk severity with the innovative Risk Severity Index. Leverage The Industry’s Most Powerful Suite Of Tools The PYXIS risk management system integrates with the complete set of tools housed within the Capital Project Network, Outage Network, Turnaround Network, and Upstream Network—the industry’s most powerful suite of tools to drive project and STO success. Flexible, Customizable, Powerful PYXIS is the foundation of a successful risk management process. This tool reduces manual effort by automatically populating with historical and known industry risks. With only a few clicks, you can: Load the risk register with known items from other eventsDuplicate the risk register from another event at your companyPre-populate the risk register with common Industry risks from the AP-Networks Project and Turnaround DatabasesAccess the one-of-a-kind Risk Severity Index PYXIS offers rapid setup so you can get to work faster. First, evaluate risk items along three dimensions—probability, impact and manageability—so that your organization focuses effort where it’s most effective and most needed. Next, manage and mitigate risks with an easy-to-learn action tracking system customizable to your organization’s risk evaluation standards, down to the colors and dimensions of the probability-impact grid. Digitally assign owners, track progress, and quantify the probability and impact of your risks in one place. AP-Networks provides the cloud-based tools you trust for work process deployment and successful event planning. PYXIS adds dependable, proactive risk management to your arsenal. PYXIS is an optional module that can be licensed as an add-on to any of our platforms.