Collaboration, Compliance, Control
Consistent project success is key to strengthening customer satisfaction and increasing an organisation’s revenue and profitability. The most successful organisations are those that can effectively anticipate change and mitigate risks by proactively preparing response and contingency plans.
Enterprise project portfolio management (EPPM) solutions enable organisations to capture risk factors early and across all projects to establish an enterprise risk management process and culture. Capturing change from the project level up through the portfolio level enables organisations to institute effective change control mechanisms to consistently relate projects back to original scopes, budgets and schedules.
EPPM solutions also enable organisations to forecast project and portfolio performance, helping them recognise risks and changes through early warning indicators, and allowing them to create and implement a process for developing response plans for creating opportunities from potential risks.
A new generation of risk management solutions delivers a standardized approach that fully analyzes the risk sensitivity of the project, so that the impacts of risks can be fully understood.
With the Primavera Risk Analysis risk register, you can be more specific about the uncertainty surrounding any given task.
When creating and assessing bids, Oracle’s Primavera Risk Analysis can help to assess risk levels and increase transparency between contractual partners.
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.
Every project has risks. The organizations that succeed are the ones that plan for those risks—anticipating, mitigating, and providing response and contingency plans for negative events that may or may not occur.