Project risk management with Primavera Risk Analysis
Primavera Risk Analysis is a quantitative risk analysis solution for the entire cycle of a project with integration of cost and time risk management. Primavera Risk Analysis provides extensive possibilities to make your project successful right from the start.
Simulations for determining contingency and/or management measures
Using fast Monte Carlo simulation techniques, you will gain insight into the necessary contingencies to deal with uncertainties in lead time and costs, as well as the ability to analyze the effectiveness of control measures against risks. These two possibilities combined form the basis of probabilistic planning, which is becoming the norm in the project management industry today.
Project and Portfolio risk management
Risk analyses can be carried out at project, as a portfolio level. Make strategic decisions to implement projects, based on portfolio models. Perform traditional project level, risk analyses on individual or linked schedules.
The basis of a quantitative project risk analysis starts with a deterministic planning. Primavera Risk Analysis is equipped with standard integration functions (import and export) with Primavera P6, Primavera P3 and Microsoft Project.
After importing the timeframe, costs can be read in via Excel sheets, which can be from your ERP system, such as SAP, Oracle E-Business or JD Edwards.
Primavera Risk Analysis is used by several large contractors and clients to outsource feasible projects and is seen as one of the standards in project risk management.
Primaned is a European partner in the field of advice, sales, implementation and training of all Oracle Primavera products and services.
For more information, please visit https://www.oracle.com/industries/construction-engineering.
In addition, Primaned is Oracle Primavera’s only support partner.