Complex project management has evolved. What was once simple, deterministic activity and duration planning now relies upon the improved forecast-accuracy afforded by a thorough understanding of the impact of risk upon schedules. Cost Risk Analysis is essential for full control of today’s mega projects.
But to combine cost and schedule risk harmoniously, you need a variety of disparate tools – likely having to transfer schedules and data between them to analyse and present schedule impact and final forecasts.
This method impacts the integrity of any analysis – risking inaccuracies and often leading to more severe consequences such as cost over-runs and uncontrolled risks – and it’s actually very hard to achieve fully integrated and coordinated analysis.
Safran Risk seamlessly combines advanced project schedule duration and cost risk analysis for ultimate analysis integrity.
Safran Risk was designed by the project risk experts that brought Pertmaster™ to market. Safran Risk gives you access to robust, schedule risk and cost risk analysis together on one platform, for powerful integrated analysis and significant time and cost savings. Safran has a full range of risk features – from maintaining a simple list of risks in a spreadsheet to performing a detailed quantitative risk analysis, for both schedule risk and cost risk. No more “translating” cost information into a format the schedule can understand.
- Ability to conduct risk analysis across every different phase of the project lifecycle
- A single, consistent set of shared views that enables all stakeholders to better manage risk through integrated cost & schedule analysis
- Improved project management principles, with the ability to perform lessons-learned activities by comparing your assumptions to project realities