U.S. Federal Aviation Administration extends usage of Active Risk Manager

  

HERNDON, Va., Nov. 13, 2012 /PRNewswire/ -- Active Risk announced today that the Federal Aviation Administration (FAA) has purchased further licenses for its award winning Active Risk Manager (ARM) risk management software. After the initial purchase of ARM in late 2011, ARM has now been selected for risk management across the whole range of strategic programs supported by the FAA Project Management Office (PMO).

(Logo: http://photos.prnewswire.com/prnh/20120813/PH56355LOGO )

Edgar Calderon, Manager, Risk Management, Security & Safety, AJM-1110, FAA said, "The PMO is responsible for the successful implementation of a range of strategic programs which support FAA's mission to provide the safest, most efficient aerospace system in the world. There is an ongoing need to increase capacity and move to the latest technologies, while maintaining and enhancing safety. We are extending our use of ARM to help us manage risks on these vital program initiatives to ensure they are delivered on-time, on-budget."

Loren Padelford, Executive Vice President and General Manager at Active Risk said, "The FAA has made a continuing commitment to improve the management and sharing of risks, issues and opportunities. Extending the use of ARM will enable better risk-based decision making earlier in the lifecycle of their strategic programs. As ARM is also used by organizations within the FAA's contractor community, there is the opportunity to improve information sharing on projects. The FAA's proactive risk management approach has the potential to reduce spending on mitigation actions and to ensure strategic program objectives are achieved at a time of tight budgetary constraints."

The FAA is one of a growing number of US Government Agencies and their contractor community which have chosen ARM for project and enterprise risk management. Active Risk customers include United States Air Force, Department of Homeland Security, US Department of Energy and NASA.

Active Risk Manager makes risk management simple, valuable and personal to enable organizations to identify, communicate, analyze and mitigate risks and opportunities within a single, auditable web-based system.

About Active Risk
Active Risk is the first Enterprise Risk Management (ERM) software provider to drive business performance by enabling organizations to manage risk more effectively. With Active Risk Manager (ARM), executives have a truly comprehensive view of their organization's risk and opportunities, enabling them to make better-informed decisions and create a competitive advantage. ARM makes risk management simple, valuable and personal.

Active Risk is the Enterprise Risk Management software provider of choice for the world's leading companies in aerospace and defense, engineering and construction, energy and mining, government, and other industries. Customers include Bechtel, Crossrail, NASA, Rio Tinto and Saudi Aramco among others.

Active Risk has offices in the UK, USA and Australia, servicing customers worldwide directly and through a growing network of partners. Active Risk is listed on the FTSE AIM Index (Stock Symbol: ARI). For further information and a detailed view of Active Risk's products and services visit www.activerisk.com  or call +44 (0)1628 582500 (EMEA/Asia Pacific), +1 703 673 9580 (Americas) or +61 2 9037 0150 (Australia).

SOURCE Active Risk