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Abstract xiii Abstract Risk Management is a major and essential process now in any system, chaos design and implementation are no longer available or accepted in our world. Any organization must go through the risk process and define any hazards and failures before it can start, trying to eliminate future defects and costs. The entire world now is solving any scientific problem with tools, and applications that are by the end based on software programming. That is why managing risk is now done through software tools to minimize cost and effect and to allow to catch all system failures. As the tool is going more comprehensive and accurate, its price is going higher and higher. Through this work, we start with illustrating some of the existing risk management software in the market, then we will introduce a new web cloud software named “RiskStudio” that is used to apply the risk management Process with its distinct phases. This is our early version introduced as a gift for CUFF. In the document, we will explain the design, and infrastructure of the application. A real use case already implemented on papers, will be introduced to see how we can apply it in the RiskStudio application to show how the application is cable of applying different risk management steps. |