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Be careful with how you define the role of software in your risk management process!
Software is a tool to help you run your risk management process. But it is only a tool—it should not dictate the design of your efforts. Too many efforts have suffered from a too-early reliance on commercial pipeline risk software packages. There might well be good, cost-effective programs that meet your exact needs, but better to become a savvy user first.

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Pipeline Risk Management Manual, by W. Kent Muhlbauer, Gulf Publishers