The Risk Assessment Applications & Diagnostics, or otherwise known as “RAAD”, is a multi-level, highly-detailed risk management application built in cloud or on-premise variants, with plug-in connection to ERP systems, and a source-agnostic landing zone for data from various sources to consolidate into a central risk platform. RAAD enables organizations to automatically identify risks, perform 'what-if' risk scenario projection, and to facilitate their evaluation with diverse, powerful visualizations, and customized scoring & systematic mitigation. RAAD is an innovative and unique risk management offering which can become an organization's unifying platform for enterprise risk management.