1. Enhance risk visibility: Gain a comprehensive view of high-risk projects, including key risks, mitigation strategies, and review dates, to prioritize actions effectively.

2. Improve Decision-Making: Make informed decisions based on real-time project status and risk assessments to prevent potential issues and delays.

3. Ensure Accountability: Assign responsibilities for risk mitigation actions, track progress, and ensure Accountability among team members to address risks promptly.

4. Facilitate collaboration: Foster collaboration among risk management teams, project managers, and stakeholders by centralizing project information and facilitating communication for effective risk management.