Primavera Risk Analysis
Every project has risks. Organizations that succeed plan for those risks—anticipating, mitigating, and providing response and contingency plans for negative events that may or may not occur.
Oracle's Primavera Risk Analysis is a full lifecycle risk analytics solution integrating cost and schedule risk management. Primavera Risk Analysis provides a comprehensive means of determining confidence levels for project success together with quick and easy techniques for determining contingency and risk response plans. Primavera Risk Analysis give you an objective view of required contingency to account for cost and schedule uncertainty. It also analyzes the cost effectiveness of risk response plans. Combined, these form the basis of a "risk adjusted schedule," which today is becoming the norm within the planning and scheduling process.
Primavera Risk Analysis enables you to:
- Identify common scheduling pitfalls that may result in misleading schedule or risk analysis results
- Integrate pre-developed risk registers and define new risk registers
- Address full lifecycle risk management through advanced Monte Carlo-based cost and schedule analytics
- Report confidence levels with regard to finish dates, costs, float, internal rate of return and net present value