Oracle Primavera Risk Analysis
Primavera Risk Analysis software provides the tools for enabling companies to model risks and analyse the cost and schedule impacts of mitigating them thus taking much of the uncertainty out of project and portfolio management.
By integrating directly with project schedules as well as cost estimates to model risks and uncertainty, Primavera Risk Analysis provides a full-lifecycle cost and schedule risk analytics solution for the Primavera Project Portfolio Management applications and Microsoft Project.
Primavera Risk Analysis uses advanced Monte Carlo-based cost and schedule analytics to provide full-lifecycle risk management through the following types of risk models: estimate uncertainty, task existence, probabilistic branching, fixed-cost uncertainty, variable-cost uncertainty, resource uncertainty, conditional branching and weather modelling.
It provides a variety of reports, such as Distribution Graph, Tornado Graph, Scatter Plot, Distribution Analyser and Probabilistic Cash Flow, that enable users to easily identify risk drivers before publishing risk-adjusted schedules.
The Primavera Risk Analysis Schedule Check feature lets users evaluate schedule maturity and risk readiness by seeking common scheduling problems that can affect deterministic schedules.
Users can integrate predeveloped risk registers as well as define new ones by using the Risk Register feature and they can employ this feature to produce both qualitative and quantitative models of positive and negative risk events and their associated response plans such as mitigation.
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