Microsoft Excel and other spreadsheets are great tools. Don’t get me wrong. We all use them for a.

Photo by Jordan Andrews on Unsplash

Your schedule tells you when your project will finish if there.

Embracing Change and Empowering Transformation

Since its inception in 1950 in the UK, risk.

Strategic decision making with integrated master risk schedules

IntroductionA brief walk though of.

The Dutch P85 mindset, not only a Quantitative Analysis

Embarking on a new project, especially one.

Exploring the importance of robust risk definition in the QRA process

How important is it, and why?.

Complexities of Luxury Yacht Construction 

Luxury yacht construction demands meticulous planning,.

The professional project management arena is very dynamic, and your choice of Risk Modeling tool.

What's wrong with the conventional approach? 

In the evolving landscape of project management, the.

Making risk management simple and accessible. 

Having worked as a risk manager, I have seen.

Once you have conducted a quantitative risk analysis (QRA), the initial results may be subject to .

Effective risk management is a skill that evolves over time, requiring continuous development and .

Wisdom is knowing when to update beliefs and revise original plans. While this may seem.

Software Tools and Data Democratization

In the last decade, a surge in project professionals.

Why Engaging Stakeholders is Critical When Managing Large Projects

In a world where the pace of.

Change is a formidable challenge. We humans tend to cling to our comfort zones, often resisting.

The Power of Probabilistic Cash Flow Analysis

It is obvious to say that credible financial.

Success Stories: Cultural Transformation through Effective Risk Management! 

In this concluding.

The Importance of Embracing Cultural Transformation to Enable  Risk Managers to Evolve! 

In the.

Synergy between Critical Path Mapping and Schedule Risk Analysis

In a complex world, easily.

How To Enhance Visibility and Data Insights In Project Risk Management? 

Welcome to the second.

How Do We Build Trust In Project Risk Management? 

In the fast-paced world of project management,.

Today, digital transformation is the name of the game

It's making waves across all industries and.

Enterprise Risk Management vs Project Risk Management

Within the realm of Risk Management, two.

In today's fast paced and uncertain business landscape, organizational resilience and.

In the tumultuous seas of today's business landscape, organizations are navigating uncharted.

It's Not Where You Start, It's Where You End Up!

Monthly Risk Data Reporting Issues

Some people are.

How to Optimise Project Risk Management Tools, Processes, and Techniques for Unique Projects  

.

Discover the benefits of moving from spreadsheets to risk management software  

Monthly Risk Data.

Adopting a Hybrid Approach to Managing the Risk Register

The Quantitative Risk Data Question

Many.

Moving fromspreadsheet-based project and portfolio risk management toapp focused risk analysis 

.

How Can Safran Risk Manager Enable Project Management Actionable Insights?

The Value-Added Risk.

Of course, deadlines matter. Meeting deadlines is an important part of any project and any.

Project Risk Management Insights from Dr. David Hulett

In this Blog Dr David Hulett provides a.

Project management is a discipline concerned with progress. Project managers and project.

This is the fourth blog in our series of discussing Gantt charts. Our previous blogs have talked.

Collaboration and clear communication are major objectives of project management. When it comes to.

We have discussed the historical origin and use of Gantt charts and now we will take a closer look.

Gantt chart is a bar chart that shows the relationship between the start and end dates for the.

Beyond traditional pricing and plans

In the summer of 1990, I began work as a project surveyor..

Developing and maintaining risk capability

Risk management is not a binary skill. Project teams are.

Real-time scenario planning

Risk is inherent in the delivery of any project. In our blog post.

Coping with change and transition

Wisdom is knowing when to update your beliefs and revise your.

Software tools and data democratization

The construction industry is abuzz with talk of.

Change isn’t easy. We are creatures of comfort. People exhibit a status quo bias. You may hear.

Digital disruption - anticipating the fourth industrial revolution

Compared with other industries,.

The science of probability

The archeological records allow us to trace games of chance back to.

The only thing that is certain is change!

The ancient Greek philosopher Heraclitus is attributed.

Project Risk Management Strategies

Capability improvement is like walking up the ‘down’ escalator..

Many Risk Management practitioners tend to stop the Schedule Risk Analysis (SRA) once the P Dates.

Information is key to project control and management. Without the ability to communicate relevant.

In our latest download, we collaborate with Dr. David Hulett to define cost and schedule risk.

Project success is frequently defined as the ability to deliver a product that completely satisfies.

Over 65% of mega projects fail, and scheduling errors are a key factor. We recognise that,.

A project schedule is a prediction of future outcomes or states, for example: "by May 18th we will.

Risk management professionals add value throughout the life cycle of a project by validating risk.

Risk management professionals today have sophisticated analytical tools at their fingertips to.

There is a difference between Earned Value (EV) and Earned Value Management Systems (EVMS). Earned.

Many of you might have seen this image recently when it went viral on social media, and reactions.

Owner and director of Redstone Risk Ltd, Will Foulds, introduces his new report which shows that.

For decades and since the early days of computing, having the right information available, easily.

Our latest download explores how the four variables of activity duration, cost, resources, and risk.

Ezinwanyi Kesieme is Associate Risk Manager (Head of Quantitative Modelling) at multinational.

Risk and resilience expert, Alexander Larsen,explains why getting the most out of Cost and.

Donna Festorazzi is Head of Programme Risk Management at Stantec and an internationally experienced.

Albert ‘Mac’ McMillan project management of 40 years’ experience. His Q&A covers how failing.

During these uncertain times, it is all too easy to catch a cold on a project. Uncertainties drive.

There are some things about risk analysis that you only learn through experience. And here are some.

Why do so many projects miss their duration and cost estimates? There are many factors, but a lack.

When we talk about the issue of selecting probability distributions for risk quantification in.

Administering a quality quantitative schedule risk analysis (QSRA) on a live project is no simple.

Pacific Northwest National Laboratory (PNNL) tackles some of America’s greatest science and.

Trimming even the smallest amount of time off complex projects can lead to significant cost.

Over the last 50 years, MPR Associates has worked on a plethora of large-scale projects across a.

It’s crucial that project risks are identified and communicated effectively in order to minimize.

With a spike in demand for their cost and schedule risk analysis know-how, Prima Uno moved from.

Mitigation analysis is a massive part of the risk analysis process, and Safran Risk makes it easier.

Conveying complex risk data to stakeholders and the C-suite – and making the data compelling – is.

Float or slack, when present, is an important asset to any project. It provides flexibility in the.

Very few projects are ever completed in line with original plans and budgets. Unforeseen changes.

Setting a project baseline is a crucial element of project management. Without a baseline, there's.

A sobering 9 out of 10 projects experience cost overrun, and experience tells us that schedule.

Correlation is often crucial to the risk model. It helps analysts understand the often-complex.

Complex projects don’t just stop. Even in times of uncertainty, organizations can’t simply stop.

Hello, my name is Ian Nicholson, VP of Solutions atEmerald Associates.

ello, my name is Ian Nicholson, VP of Solutions atEmerald Associates. 

Based on many years' experience in the planning and development of risk tools and applications,.

Hello, my name is Ian Nicholson, VP of Solutions atEmerald Associates.

Qualitative risk analysis is still valuable for a top-level, holistic view of your project’s risk..

Hello, my name is Ian Nicholson, VP of Solutions at Emerald Associates.

Over the last two decades,.

Hello, my name is Ian Nicholson, VP of Solutions atEmerald Associates.

I’ve been working with.

Risk Managers can find themselves assuming their ability to tackle risk is as good as it can be..

No project is without risk and learning how to manage it is vital to a project’s success..

To continue operating in an ever-more competitive and unpredictable business world, organizations.

One of the key roles a Project Risk Manager plays is helping the team determine how much exposure.

Opportunities and threats are often difficult to separate. What poses as an opportunity may become.

Effectiverisk analysisand management are fundamental to project success. Irrespective of the size.

There's nothing better than the feeling ofbeing in control.Whether it's driving a fast car, being.

Oracle Primavera Risk Analysis (OPRA) has been a staple of the project controls community for over.

It’s no exaggeration to say that manufacturing schedules are the foundation upon which successful.

Cost and schedule risk analysis isfundamental to project success. Whether you’re undertaking a.

In the energy industry, projects are defined by complex challenges and lengthy lifespans, in some.

Controls such as forecasting, scheduling, and risk analysis are integral aspects of successful.

In almost every industry, projects are becoming more complex by the day.

The world of capital project management is filled with complexity. From an overabundance of.

Aerospace is an industry long-famed for innovation. From achievements like the SpaceX reusable.

The Sydney opera house is an incredible feat of architecture. Well ahead of its time when completed.

All projects, no matter how meticulously planned, are exposed to the effects of risk. While you may.

Risk management is an integral aspect of project planning. By identifying and analyzing potential.

Risk management software is pivotal to successful project management. However, despite its.

Our new e-book, written by David Hulett, a thought leader in the world of risk management, puts.

When you’re busy managing large projects, finding the time to assess your organization's ability to.

Infrastructure mega projects are often integral to the city, region or country in which they’re.

Safran is delighted to announce the formation of our new strategic partnership with Hulett &.

With an ever-increasing number of rail passenger journeys in the UK, leading to constant calls for.

When projects over-deliver, significantcost and schedule overrunare usually the two biggest.

Aerospace project management is no mean feat. With so many aspects to juggle and keep control of,.

Aker BP has teamed up with Safran to improve its risk management analysis across all Oil and Gas.

Keeping every member of a project team up-to-date can be arduous. Historically, the production of.

Aproblem often faced by large-scale projectsis how to integrate both owner and contractor.

We are delighted to announce the introduction ofSafran Cloud: an on-demand cloud-driven service.

Practised by thousands of individuals across the world, project scheduling is perhaps the most.

Last month, Safran Software Solutions hosted a live, free, and interactive webinar alongside Jonas.

Safran hosted a live and interactive webinar, featuring guest speaker Jonas Gran who was a Project.

Our latest download looks at the ways in which uncertainty can be managed in project schedules. In.

Afew years ago, I came across the concept of 'Watermelon projects'; projects that are green on the.

We are excited to announce the latest release ofSafran Project, v7.2. Here's an idea of just some.

Located approximately 90km southeast of Oslo in Kalnes, the newly completed Østfold hospital is one.

Today is the big day forOslo Airportas it opens its new Terminal 2 building.

The Terminal 2.

On the 20^th of April 2017, Safran Software Solutions hosted a live, free, and interactive webinar.

Risk is one of the most intricate and variable aspects of a project, and it is vital that all.

Change continues to be the defining feature ofEuropean capital project managementin 2017..

Streamline STO Planning & Execution

Planning and managing shutdowns, turnarounds and outages in the.

Schedule Risk Analysis has developed over many years into a mature discipline with its own set of.

All projects experience unexpected events that can impact their objectives in the form of loss or.

Risk and contingency management is one piece of the puzzle whenmanaging a complex project. One of.

Any project manager will suggest one of the first steps to starting a project is to assess the.

Following the 2010 BP Deepwater Horizon oil rig explosion in the Gulf of Mexico, a U.S..

HOUSTON, TX – August 4, 2015– The Worldwide Turnaround Management Company, in partnership with.

Earlier this month we published apostabout the current trends within the project risk management.

STAMFORD, CT July 15, 2015– Vesta Partners, a leading SAP Enterprise Asset Management (EAM).

Many companies try to do schedule risk analysis calculations within their existing, limited set of.