Whether you’re an existing customer of Safran Software, someone who’s thinking of becoming one, or are simply interested in what we do, let me start by saying: Happy New Year!
Effective risk analysis and management is fundamental to project success. Irrespective of the size or scale of your project, delivering it on time and within budget (not to mention preserving stakeholder confidence) is nigh on impossible if you haven’t taken the time to identify, analyze, categorize, prioritize, and gauge the impact of external risks before work commences.
Oracle Primavera Risk Analysis (OPRA) has been a staple of the project controls community for over 30 years — and for good reason. Nevertheless, we’re regularly contacted by project managers looking to switch from OPRA to Safran Risk.
Without a doubt the largest event of its kind anywhere in the world, Project Controls Expo 2019 is only a few short weeks away. And once again, Safran is proud to sponsor both the London and Melbourne events.
It’s no exaggeration to say that manufacturing schedules are the foundation upon which successful projects are built. Correctly allocating resources, managing costs, and understanding the variables that may cause delays is vital if production is to be completed on time and within budget.
The world of capital project management is filled with complexity. From an overabundance of abbreviations to a fistful of formulaic equations, it’s easy to find yourself lost in translation. But by taking a complex topic and analyzing its constituent parts, understanding can be improved. Here we examine Earned Value Management (EVM).
Aerospace is an industry long-famed for its proclivity for innovation. From popularized achievements like the SpaceX reusable rocket to invaluable modernizations such as solar-powered aircraft, the hype over the industry's increasing rate of change has grown almost clichéd. However, seldom discussed are the challenges to project management born out of this disruption to the status quo. Here we provide a handful of the most important.
The Sydney opera house is an incredible feat of architecture. Well ahead of its time when completed and now recognized throughout the world, it’s a building that changed the image of an entire country. Unfortunately, at approximately ten years late (and AUS $95 million over budget), it’s also famous, in scheduling terms, for being something of a disaster.
All projects, no matter how meticulously planned, are exposed to the effects of risk. While you may not be able to predict the future with total certainty, there is a framework you can build to mollify any nasty surprises you might face during a project.
Our new e-book, written by David Hulett, a thought leader in the world of risk management, puts forward the notion that cost and duration risk can be better prepared for by upgrading your organization's risk maturity level.