SlideShare a Scribd company logo
1 of 18
Download to read offline
1 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
Introduction to Primavera Risk Analysis
Saj Yaqub – Sales Consultant, Primavera GBU
ORACLE
PRODUCT
LOGO
2 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
Safe harbor Statement
The following is intended to outline our general product
direction. It is intended for information purposes only, and may
not be incorporated into any contract. It is not a commitment
to deliver any material, code, or functionality, and should not
be relied upon in making purchasing decisions.
The development, release, and timing of any features or
functionality described for Oracle’s products remains at the
sole discretion of Oracle.
3 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
4 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
5 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
CUSTOMER LOGO
“Oracle’s Primavera Risk Analysis has given us a
massive, immediate, and sustainable return on our
investment.”
Jim Barrett
Engineering Manager, Centrica Energy
6 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
Just One Word
Uncertainty
ProjectWeather
Regulations
Resources Budget
Scope
Safety
7 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
Risk Analysis Approach
5 Steps to Better Risk Management
Planning
Identification
AssessmentResponse
Reporting
8 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
Demo Agenda
9 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
Risk Analysis Overview
• Ensure the schedule is ‘ready’ for a risk analysis
1. Schedule Check Report
10 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
Risk Analysis Overview
• Apply Duration Uncertainty (e.g. 3-point est.)
• Use Templates
2. Duration Uncertainty
11 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
Risk Analysis Overview
• Determine confidence in project finish date
• Schedule contingency
• Determine schedule drivers
• What-if scenario
3. Run a schedule risk analysis
12 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
Risk Analysis Overview
• Determine confidence in Project total cost
• Cost contingency
4. Run a schedule & cost risk analysis
13 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
Risk Analysis Overview
• Qualitative Risk Assessment
• Assigning Risks to activities
• Quantitative Risk Assessment
• Cost Benefit Analysis on Response Plan
5. Assess impact of discrete risk events
14 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
LIVE DEMO
15 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
What Customers Are Achieving
CUSTOMER BENEFITS ACHIEVED
•US$49 million overhaul of the 1,260 MW
South Humber Bank plant
•Replaced inaccurate and time-consuming
manual work in spreadsheets
• 5 days ahead of schedule,
increasing profit by US$1.6 million
more than the initial plan
16 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
Q&A
17 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.
18 Copyright © 2012, Oracle and/or its affiliates. All rights
reserved.

More Related Content

What's hot

Primavera Monte Carlo[1]
Primavera Monte Carlo[1]Primavera Monte Carlo[1]
Primavera Monte Carlo[1]
Mihai Buta
 
Qualitative & Quantitative Analysis
Qualitative & Quantitative AnalysisQualitative & Quantitative Analysis
Qualitative & Quantitative Analysis
Alin Veronika
 

What's hot (19)

Schedule analysis what could possibly go wrong - Oracle Primavera Collaborat...
Schedule analysis what could possibly go wrong  - Oracle Primavera Collaborat...Schedule analysis what could possibly go wrong  - Oracle Primavera Collaborat...
Schedule analysis what could possibly go wrong - Oracle Primavera Collaborat...
 
Project Controls Expo, 18th Nov 2014 - "Schedule Risk Analysis for Complex Pr...
Project Controls Expo, 18th Nov 2014 - "Schedule Risk Analysis for Complex Pr...Project Controls Expo, 18th Nov 2014 - "Schedule Risk Analysis for Complex Pr...
Project Controls Expo, 18th Nov 2014 - "Schedule Risk Analysis for Complex Pr...
 
Session B3 - Introduction to Project Cost and Schedule Risk Analysis
Session B3 - Introduction to Project Cost and Schedule Risk AnalysisSession B3 - Introduction to Project Cost and Schedule Risk Analysis
Session B3 - Introduction to Project Cost and Schedule Risk Analysis
 
Decision and risk analysis
Decision and risk analysisDecision and risk analysis
Decision and risk analysis
 
Primavera Monte Carlo[1]
Primavera Monte Carlo[1]Primavera Monte Carlo[1]
Primavera Monte Carlo[1]
 
Terry Johns: Uncertainty - understanding the impact and the importance of rec...
Terry Johns: Uncertainty - understanding the impact and the importance of rec...Terry Johns: Uncertainty - understanding the impact and the importance of rec...
Terry Johns: Uncertainty - understanding the impact and the importance of rec...
 
Qualitative & Quantitative Analysis
Qualitative & Quantitative AnalysisQualitative & Quantitative Analysis
Qualitative & Quantitative Analysis
 
Project risk analysis in Construction Industry
Project risk analysis in Construction IndustryProject risk analysis in Construction Industry
Project risk analysis in Construction Industry
 
Risk Management
Risk ManagementRisk Management
Risk Management
 
Project Risk Management - Introduction 2011
Project Risk Management - Introduction 2011Project Risk Management - Introduction 2011
Project Risk Management - Introduction 2011
 
Project monitoring & Earned Value Analysis
Project monitoring & Earned Value AnalysisProject monitoring & Earned Value Analysis
Project monitoring & Earned Value Analysis
 
Cost estimating
Cost estimatingCost estimating
Cost estimating
 
Assessing Enterprise Project Risk
Assessing Enterprise Project RiskAssessing Enterprise Project Risk
Assessing Enterprise Project Risk
 
Qualitative risk analysis
Qualitative risk analysisQualitative risk analysis
Qualitative risk analysis
 
Risk management
Risk managementRisk management
Risk management
 
Estimation guidelines and templates
Estimation guidelines and templatesEstimation guidelines and templates
Estimation guidelines and templates
 
Quantitative Project Risk Analysis
Quantitative Project Risk AnalysisQuantitative Project Risk Analysis
Quantitative Project Risk Analysis
 
Risk adjusted engineering management
Risk adjusted engineering managementRisk adjusted engineering management
Risk adjusted engineering management
 
Project Auditing
Project AuditingProject Auditing
Project Auditing
 

Viewers also liked (7)

017_Primavera Risk Analysis
017_Primavera Risk Analysis017_Primavera Risk Analysis
017_Primavera Risk Analysis
 
Primavera Integration - Greg Macpherson - Primavera Practice - Oakton
Primavera Integration - Greg Macpherson - Primavera Practice - OaktonPrimavera Integration - Greg Macpherson - Primavera Practice - Oakton
Primavera Integration - Greg Macpherson - Primavera Practice - Oakton
 
Oracle Primavera mobile team member interfaces deep dive and focus on whats...
Oracle Primavera mobile team member interfaces   deep dive and focus on whats...Oracle Primavera mobile team member interfaces   deep dive and focus on whats...
Oracle Primavera mobile team member interfaces deep dive and focus on whats...
 
, makalah alat ukur massa , panjang , waktu , ph meter , soil dan moistur...
, makalah alat ukur massa  , panjang  , waktu  , ph meter  , soil dan moistur..., makalah alat ukur massa  , panjang  , waktu  , ph meter  , soil dan moistur...
, makalah alat ukur massa , panjang , waktu , ph meter , soil dan moistur...
 
Information system presentation assignment 1 (management information system) ...
Information system presentation assignment 1 (management information system) ...Information system presentation assignment 1 (management information system) ...
Information system presentation assignment 1 (management information system) ...
 
Risk assessment presentation
Risk assessment presentationRisk assessment presentation
Risk assessment presentation
 
Schedule Review
Schedule ReviewSchedule Review
Schedule Review
 

Similar to Introduction to primavera risk analysis ppt

Otm 2013 c13_e-17a-plessis-elisabeth-otm-self-help
Otm 2013 c13_e-17a-plessis-elisabeth-otm-self-helpOtm 2013 c13_e-17a-plessis-elisabeth-otm-self-help
Otm 2013 c13_e-17a-plessis-elisabeth-otm-self-help
jucaab
 
Con8208 achieve a quicker and compliant financial close
Con8208 achieve a quicker and compliant financial closeCon8208 achieve a quicker and compliant financial close
Con8208 achieve a quicker and compliant financial close
Oracle
 
Business intelligence with primavera p6 analytics ppt
Business intelligence with primavera p6 analytics pptBusiness intelligence with primavera p6 analytics ppt
Business intelligence with primavera p6 analytics ppt
p6academy
 
Oracle primavera and bpm the power of integration ppt
Oracle primavera and bpm   the power of integration pptOracle primavera and bpm   the power of integration ppt
Oracle primavera and bpm the power of integration ppt
p6academy
 

Similar to Introduction to primavera risk analysis ppt (20)

Continuous Performance Monitoring of a Distributed Application [CON4730]
Continuous Performance Monitoring of a Distributed Application [CON4730]Continuous Performance Monitoring of a Distributed Application [CON4730]
Continuous Performance Monitoring of a Distributed Application [CON4730]
 
Partner Webcast – Oracle Public Cloud for ISVs: Migrating Java EE and ADF app...
Partner Webcast – Oracle Public Cloud for ISVs: Migrating Java EE and ADF app...Partner Webcast – Oracle Public Cloud for ISVs: Migrating Java EE and ADF app...
Partner Webcast – Oracle Public Cloud for ISVs: Migrating Java EE and ADF app...
 
206440 p6 analytics
206440 p6 analytics206440 p6 analytics
206440 p6 analytics
 
Otm 2013 c13_e-17a-plessis-elisabeth-otm-self-help
Otm 2013 c13_e-17a-plessis-elisabeth-otm-self-helpOtm 2013 c13_e-17a-plessis-elisabeth-otm-self-help
Otm 2013 c13_e-17a-plessis-elisabeth-otm-self-help
 
Con8208 achieve a quicker and compliant financial close
Con8208 achieve a quicker and compliant financial closeCon8208 achieve a quicker and compliant financial close
Con8208 achieve a quicker and compliant financial close
 
Enterprise Agile at Lockheed Martin - 4th February 2014
Enterprise Agile at Lockheed Martin - 4th February 2014Enterprise Agile at Lockheed Martin - 4th February 2014
Enterprise Agile at Lockheed Martin - 4th February 2014
 
Continuous Delivery in the Enterprise
Continuous Delivery in the EnterpriseContinuous Delivery in the Enterprise
Continuous Delivery in the Enterprise
 
Business intelligence with primavera p6 analytics ppt
Business intelligence with primavera p6 analytics pptBusiness intelligence with primavera p6 analytics ppt
Business intelligence with primavera p6 analytics ppt
 
ODA Right to use program - Optimalizace IT investice
ODA Right to use program - Optimalizace IT investiceODA Right to use program - Optimalizace IT investice
ODA Right to use program - Optimalizace IT investice
 
Oracle ADF Architecture TV - Development - Performance & Tuning
Oracle ADF Architecture TV - Development - Performance & TuningOracle ADF Architecture TV - Development - Performance & Tuning
Oracle ADF Architecture TV - Development - Performance & Tuning
 
Profiling of Engagers and Converters with Audience Analytics and Look-alike M...
Profiling of Engagers and Converters with Audience Analytics and Look-alike M...Profiling of Engagers and Converters with Audience Analytics and Look-alike M...
Profiling of Engagers and Converters with Audience Analytics and Look-alike M...
 
Successful SaaS implementation journey, Sarkis Kerkezian, Oracle @ SaaS Day, ...
Successful SaaS implementation journey, Sarkis Kerkezian, Oracle @ SaaS Day, ...Successful SaaS implementation journey, Sarkis Kerkezian, Oracle @ SaaS Day, ...
Successful SaaS implementation journey, Sarkis Kerkezian, Oracle @ SaaS Day, ...
 
Path to Resilient and Observable Microservices
Path to Resilient and Observable MicroservicesPath to Resilient and Observable Microservices
Path to Resilient and Observable Microservices
 
Performance Warrior Tales: Cloud Load Testing the Retail Giants
Performance Warrior Tales: Cloud Load Testing the Retail Giants Performance Warrior Tales: Cloud Load Testing the Retail Giants
Performance Warrior Tales: Cloud Load Testing the Retail Giants
 
Performance Warrior Tales: Cloud Load Testing the Retail Giants
Performance Warrior Tales: Cloud Load Testing the Retail Giants Performance Warrior Tales: Cloud Load Testing the Retail Giants
Performance Warrior Tales: Cloud Load Testing the Retail Giants
 
P6 analytics product roadmap and overview - Oracle Primavera P6 Collaborate 14
P6 analytics product roadmap and overview - Oracle Primavera P6 Collaborate 14P6 analytics product roadmap and overview - Oracle Primavera P6 Collaborate 14
P6 analytics product roadmap and overview - Oracle Primavera P6 Collaborate 14
 
Oracle primavera and bpm the power of integration ppt
Oracle primavera and bpm   the power of integration pptOracle primavera and bpm   the power of integration ppt
Oracle primavera and bpm the power of integration ppt
 
Apouc 2014-learn-from-oracle-support
Apouc 2014-learn-from-oracle-supportApouc 2014-learn-from-oracle-support
Apouc 2014-learn-from-oracle-support
 
Coherence 12.1.3 hidden gems
Coherence 12.1.3 hidden gemsCoherence 12.1.3 hidden gems
Coherence 12.1.3 hidden gems
 
206490 implementation best practice
206490 implementation best practice206490 implementation best practice
206490 implementation best practice
 

More from p6academy

20160405 How to Install Primavera P6 16.1 Professional desktop
20160405 How to Install Primavera P6 16.1 Professional desktop20160405 How to Install Primavera P6 16.1 Professional desktop
20160405 How to Install Primavera P6 16.1 Professional desktop
p6academy
 

More from p6academy (20)

Oracle OpenWorld 2015
Oracle OpenWorld 2015Oracle OpenWorld 2015
Oracle OpenWorld 2015
 
Plan and Execute the Right Projects— Easily and Affordably
Plan and Execute the Right Projects—  Easily and AffordablyPlan and Execute the Right Projects—  Easily and Affordably
Plan and Execute the Right Projects— Easily and Affordably
 
What's New In Primavera P6 EPPM 17.1
What's New In Primavera P6 EPPM 17.1What's New In Primavera P6 EPPM 17.1
What's New In Primavera P6 EPPM 17.1
 
Oracle Primavera Unifier What's New in Release 16.2
Oracle Primavera Unifier What's New in Release 16.2Oracle Primavera Unifier What's New in Release 16.2
Oracle Primavera Unifier What's New in Release 16.2
 
Oracle What's New In Primavera P6 16.2
Oracle What's New In Primavera P6 16.2Oracle What's New In Primavera P6 16.2
Oracle What's New In Primavera P6 16.2
 
What's New in Primavera Prime 16.1
What's New in Primavera Prime 16.1What's New in Primavera Prime 16.1
What's New in Primavera Prime 16.1
 
What's New in Primavera Gateway 16.1
What's New in Primavera Gateway 16.1What's New in Primavera Gateway 16.1
What's New in Primavera Gateway 16.1
 
What's New In Primavera Analytics 16.1
What's New In Primavera Analytics 16.1What's New In Primavera Analytics 16.1
What's New In Primavera Analytics 16.1
 
What's New in Unifier 16.1
What's New in Unifier 16.1What's New in Unifier 16.1
What's New in Unifier 16.1
 
20160405 How to Install Primavera P6 16.1 Professional desktop
20160405 How to Install Primavera P6 16.1 Professional desktop20160405 How to Install Primavera P6 16.1 Professional desktop
20160405 How to Install Primavera P6 16.1 Professional desktop
 
Oracle Primavera P6 16.1 Announced
Oracle Primavera P6 16.1 AnnouncedOracle Primavera P6 16.1 Announced
Oracle Primavera P6 16.1 Announced
 
Oracle Primavera Unifier 16.1
Oracle Primavera Unifier 16.1Oracle Primavera Unifier 16.1
Oracle Primavera Unifier 16.1
 
P6 Release 8 Application Considerations Overview
P6 Release 8 Application Considerations OverviewP6 Release 8 Application Considerations Overview
P6 Release 8 Application Considerations Overview
 
Administering Users, Access and Views in P6 EPPM (Web) Release 8 and later
Administering Users, Access and Views in P6 EPPM  (Web) Release 8 and laterAdministering Users, Access and Views in P6 EPPM  (Web) Release 8 and later
Administering Users, Access and Views in P6 EPPM (Web) Release 8 and later
 
P6 Release 8 Installation Orientation
P6 Release 8 Installation OrientationP6 Release 8 Installation Orientation
P6 Release 8 Installation Orientation
 
Oracle Primavera P6 R8 Release Value Proposition
Oracle Primavera P6 R8 Release Value PropositionOracle Primavera P6 R8 Release Value Proposition
Oracle Primavera P6 R8 Release Value Proposition
 
Oracle Primavera P6 v7 Release Value Proposition
Oracle Primavera P6 v7 Release Value Proposition Oracle Primavera P6 v7 Release Value Proposition
Oracle Primavera P6 v7 Release Value Proposition
 
Oracle Primavera P6 Release Content Document (RCD)
Oracle Primavera P6 Release Content Document (RCD)Oracle Primavera P6 Release Content Document (RCD)
Oracle Primavera P6 Release Content Document (RCD)
 
Oracle Support Accreditation – Level 1 Study Guide
Oracle Support Accreditation – Level 1 Study GuideOracle Support Accreditation – Level 1 Study Guide
Oracle Support Accreditation – Level 1 Study Guide
 
Oracle Primavera Support Accreditation Study Guide
Oracle Primavera Support Accreditation Study GuideOracle Primavera Support Accreditation Study Guide
Oracle Primavera Support Accreditation Study Guide
 

Introduction to primavera risk analysis ppt

  • 1. 1 Copyright © 2012, Oracle and/or its affiliates. All rights reserved. Introduction to Primavera Risk Analysis Saj Yaqub – Sales Consultant, Primavera GBU ORACLE PRODUCT LOGO
  • 2. 2 Copyright © 2012, Oracle and/or its affiliates. All rights reserved. Safe harbor Statement The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.
  • 3. 3 Copyright © 2012, Oracle and/or its affiliates. All rights reserved.
  • 4. 4 Copyright © 2012, Oracle and/or its affiliates. All rights reserved.
  • 5. 5 Copyright © 2012, Oracle and/or its affiliates. All rights reserved. CUSTOMER LOGO “Oracle’s Primavera Risk Analysis has given us a massive, immediate, and sustainable return on our investment.” Jim Barrett Engineering Manager, Centrica Energy
  • 6. 6 Copyright © 2012, Oracle and/or its affiliates. All rights reserved. Just One Word Uncertainty ProjectWeather Regulations Resources Budget Scope Safety
  • 7. 7 Copyright © 2012, Oracle and/or its affiliates. All rights reserved. Risk Analysis Approach 5 Steps to Better Risk Management Planning Identification AssessmentResponse Reporting
  • 8. 8 Copyright © 2012, Oracle and/or its affiliates. All rights reserved. Demo Agenda
  • 9. 9 Copyright © 2012, Oracle and/or its affiliates. All rights reserved. Risk Analysis Overview • Ensure the schedule is ‘ready’ for a risk analysis 1. Schedule Check Report
  • 10. 10 Copyright © 2012, Oracle and/or its affiliates. All rights reserved. Risk Analysis Overview • Apply Duration Uncertainty (e.g. 3-point est.) • Use Templates 2. Duration Uncertainty
  • 11. 11 Copyright © 2012, Oracle and/or its affiliates. All rights reserved. Risk Analysis Overview • Determine confidence in project finish date • Schedule contingency • Determine schedule drivers • What-if scenario 3. Run a schedule risk analysis
  • 12. 12 Copyright © 2012, Oracle and/or its affiliates. All rights reserved. Risk Analysis Overview • Determine confidence in Project total cost • Cost contingency 4. Run a schedule & cost risk analysis
  • 13. 13 Copyright © 2012, Oracle and/or its affiliates. All rights reserved. Risk Analysis Overview • Qualitative Risk Assessment • Assigning Risks to activities • Quantitative Risk Assessment • Cost Benefit Analysis on Response Plan 5. Assess impact of discrete risk events
  • 14. 14 Copyright © 2012, Oracle and/or its affiliates. All rights reserved. LIVE DEMO
  • 15. 15 Copyright © 2012, Oracle and/or its affiliates. All rights reserved. What Customers Are Achieving CUSTOMER BENEFITS ACHIEVED •US$49 million overhaul of the 1,260 MW South Humber Bank plant •Replaced inaccurate and time-consuming manual work in spreadsheets • 5 days ahead of schedule, increasing profit by US$1.6 million more than the initial plan
  • 16. 16 Copyright © 2012, Oracle and/or its affiliates. All rights reserved. Q&A
  • 17. 17 Copyright © 2012, Oracle and/or its affiliates. All rights reserved.
  • 18. 18 Copyright © 2012, Oracle and/or its affiliates. All rights reserved.