An Introduction to

Oracles Primavera Risk Analysis

Session ID#: 15487

Overview via Slideshow

Product Demonstration

Prepared by:
Paul Monaghan
1st Milestone Ltd

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Agenda for the Session

Primavera Risk Analysis and Management Overview via
Slideshow
Primavera Risk Analysis Product Demonstration

Schedule checks and schedule improvement

Using basic schedule uncertainty
Running a Monte Carlo risk analysis
Understanding the results
What-if scenarios
Impact of risks from a risk register
Comparing pre and post mitigation scenarios
Combined schedule and cost modelling

1st Milestone Ltd

Oracle Platinum Partner Specializing in Oracles Primavera Applications

Representing Primavera for 20 years

Our Focus:

Application / Business Consulting

Oracle University Primavera Training
Integration Consulting
IT Support and Hosting

Our credentials are proof of our commitment to quality, and they help demonstrate
our deep understanding and proactive assessment of Resource, Project, Programme
and Portfolio Management solutions.

Oracle University Education Partner

PRINCE2 Practitioners

Milestone announced the winners of the UKOUG Primavera and Oracle Projects
Partners of the Year:

Gold Award 2011 & 2012!

Silver Award 2010

Primavera Risk Analysis

Focus
Specialist product for project risk analysis and management
An add-on package for Primavera P6PPM and EPPM

Pinpoint key facts

Likelihood of delivering the project on time and budget
Most important tasks and risks in the schedule

Understand overall cost/schedule risk exposure

The impact of delay
Determine contingency and mitigation

Better decision making

Increased accuracy of project schedules
Reduce exposure to risk for more successful project execution

Risk Analysis Output

Risk Histogram
Displays likelihood of
project delivery

Risk Tornado chart

Displays task and risk
drivers

Risk Analysis Process

Risk ready schedule
Check the schedule for
sound logic and errors

Risk inputs
Estimate uncertainty
Risk events/Risk register

Risk impact
Map risks to tasks

Risk analysis
Monte Carlo simulation

Risk response
Determine contingency
Mitigation scenarios

Risk
Management
Process

Checking a Schedule

Three Point Estimates

Estimate Uncertainty

Duration/Cost

Three Point Estimates: Input

Quickly input 3 point estimates using Quick Risk
templates

Task Existence and Branching

Task Existence

?
Branching: Probabilistic

Outcome A

Outcome B

Outcome C

Project Risk Events Risk Register

Estimate Uncertainty + Risk Events = Total Risk Exposure
Uncertainty (3 point estimates)
Risks from a risk register
Monte Carlo simulation

Primavera Risk Analysis

Product Demonstration

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evaluation
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