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Introduction to Primavera Risk Analysis

Saj Yaqub – Sales Consultant, Primavera GBU
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 Safe harbor Statement

The following is intended to outline our general product

direction. It is intended for information purposes only, and may
not be incorporated into any contract. It is not a commitment
to deliver any material, code, or functionality, and should not
be relied upon in making purchasing decisions.
The development, release, and timing of any features or
functionality described for Oracle’s products remains at the
sole discretion of Oracle.

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“Oracle’s Primavera Risk Analysis has given us a
massive, immediate, and sustainable return on our
investment.”

Jim Barrett
Engineering Manager, Centrica Energy

CUSTOMER LOGO

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 Just One Word
Uncertainty

Resources Budget

Regulations Scope

Weather Project Safety

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 Risk Analysis Approach
5 Steps to Better Risk Management

Planning

Reporting Identification

Response Assessment

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 Demo Agenda

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 Risk Analysis Overview
1. Schedule Check Report

• Ensure the schedule is ‘ready’ for a risk analysis

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 Risk Analysis Overview
2. Duration Uncertainty

• Apply Duration Uncertainty (e.g. 3-point est.)

• Use Templates

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 Risk Analysis Overview
3. Run a schedule risk analysis

• Determine confidence in project finish date

• Schedule contingency

• Determine schedule drivers

• What-if scenario
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 Risk Analysis Overview
4. Run a schedule & cost risk analysis

• Determine confidence in Project total cost

• Cost contingency

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 Risk Analysis Overview
5. Assess impact of discrete risk events

• Qualitative Risk Assessment

• Assigning Risks to activities

• Quantitative Risk Assessment

• Cost Benefit Analysis on Response Plan

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 LIVE DEMO

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 What Customers Are Achieving
CUSTOMER BENEFITS ACHIEVED

•US$49 million overhaul of the 1,260 MW

South Humber Bank plant

•Replaced inaccurate and time-consuming

manual work in spreadsheets

• 5 days ahead of schedule,

increasing profit by US$1.6 million
more than the initial plan

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 Q&A

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