More Related Content Similar to Introduction to primavera risk analysis ppt (20) Introduction to primavera risk analysis ppt1. 1 Copyright © 2012, Oracle and/or its affiliates. All rights
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Introduction to Primavera Risk Analysis
Saj Yaqub – Sales Consultant, Primavera GBU
ORACLE
PRODUCT
LOGO
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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.
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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
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Just One Word
Uncertainty
ProjectWeather
Regulations
Resources Budget
Scope
Safety
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Risk Analysis Approach
5 Steps to Better Risk Management
Planning
Identification
AssessmentResponse
Reporting
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Demo Agenda
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Risk Analysis Overview
• Ensure the schedule is ‘ready’ for a risk analysis
1. Schedule Check Report
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Risk Analysis Overview
• Apply Duration Uncertainty (e.g. 3-point est.)
• Use Templates
2. Duration Uncertainty
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Risk Analysis Overview
• Determine confidence in project finish date
• Schedule contingency
• Determine schedule drivers
• What-if scenario
3. Run a schedule risk analysis
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Risk Analysis Overview
• Determine confidence in Project total cost
• Cost contingency
4. Run a schedule & cost risk analysis
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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
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LIVE DEMO
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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
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Q&A
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