When you’re busy managing large projects, finding the time to assess your organization's ability to analyze and mitigate risk is not easy. It’s a technical, time-consuming procedure, but vital if you want your company to be working as effectively as possible.
Thankfully, we’ve developed a risk maturity assessment tool to do all the heavy lifting for you.
Getting a single, consolidated view of the status of any project is critical to success. This is especially true for mega projects due to their immense complexity and scope. Understanding real-time progress, resource allocation, risk probability and more is most effectively done through a master project schedule in Safran Project 7. Utilizing a master project schedule to create a one page report allows for easier understanding for management and project stakeholders.
By adhering to the project master plan, including all milestones and deliverables, the Project Master Schedule ensures successful project scheduling and that the project is completed on time.
To be effective, the Project Master Schedule should derive its information from all the detailed work schedules, and the health of the Master Project Schedule depends heavily on the quality and accuracy of the underlying component projects.
For decades project professionals have utilized various planning, scheduling and risk tools to manage their capital projects. The ideal outcome has always been to execute on-time and on budget. In reality, this is rarely achieved, thus creating the space in which executives and project managers seek for ways to improve performance.
Managing mega projects effectively is necessary to get to completion on time and on budget. Blake Fox, from Statoil, knows all too well. As the Planning Manager, his priority is executing projects successfully. Watch this video to learn about Blake’s project, the challenges he faced and how we went about overcoming them with the help of Safran Project 7.
Stavanger, Norway – Jan. 12, 2016 - Safran Software Solutions today announced that Statsbygg, the Norwegian government property developer, has selected Safran Project 7.
HOUSTON—Dec. 1, 2015—Safran Software Solutions, a premier provider of Enterprise Project and Risk Analysis software, has released Safran Risk v. 1.5 for clients worldwide. Designed for project stakeholders and risk professionals, Safran Risk provides analysis of both project schedule and cost data in an intuitive process-led manner, helping organizations identify and mitigate project risks earlier.
HOUSTON, TEXAS – September 10, 2015—Safran Software Solutions, a premier provider of Enterprise Project and Risk Analysis software, will be attending the SAP Best Practices for Oil & Gas Conference on September 22-25, 2015 in Houston, Texas. The event is focused on the theme ‘Seizing the Opportunity of the Upswing’.
In our blog post last week we discussed the topic of executive risk awareness and the difference it can make in the overall performance of a project. The communication of project risks to decision makers is critical to maintaining a safe environment on site, as well as to finishing on-time and on-budget. Being able to make sound decisions based on quantitative data is paramount to prioritizing and mitigating projects risks.
HOUSTON, TX – August 4, 2015 – The Worldwide Turnaround Management Company, in partnership with Safran Software Solutions, will host two training days for Safran Risk on August 18 & 19 at the WTMC home office in Houston, Texas.
