Hello, my name is Ian Nicholson, VP of Solutions at Emerald Associates.
I've worked closely with Oracle Primavera Risk Analysis (OPRA) for the best part of two decades.
For much of that time, OPRA was widely regarded as one of the best risk analysis tools available. But technology has moved on since Emerald became the platform's exclusive Canadian distributor in 2001 — as have the expectations and requirements of the world's project controls professionals.
Qualitative risk analysis is still valuable for a top-level, holistic view of your project’s risk. Projects are exposed to all sorts of risks and it’s impractical for project managers to deal with all of them. In many cases, the resources spent to mitigate a risk outweighs the benefits of addressing it.
Hello, my name is Ian Nicholson, VP of Solutions at Emerald Associates.
Over the last two decades, I've worked extensively with Oracle Primavera Risk Analysis (OPRA) — or Pertmaster as it was known, before it was acquired by Primavera in 2006.
Hello, my name is Ian Nicholson, VP of Solutions at Emerald Associates.
I’ve been working with Oracle Primavera Risk Analysis (OPRA) since 2001 — Emerald being the exclusive Canadian distributor for Pertmaster (as it was then known) until its acquisition by Primavera in 2006.
Risk Managers can find themselves assuming their ability to tackle risk is as good as it can be. But this is rarely the case.
No project is without risk and learning how to manage it is vital to a project’s success. Effectively managing your project’s risk allows you to identify the potential impacts, both long and short term, while helping to futureproof and please shareholders. Most importantly, it means you remain in control.
To continue operating in an ever-more competitive and unpredictable business world, organizations need to get comfortable dealing with all facets of risk analysis.
With so many diverse objectives, you'll put yourself at a real disadvantage if you haven’t identified how certain risks can affect your project. BowTie risk analysis is a great way to help you combat this by highlighting the contributing factors that can trigger an unexpected event.
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!
One of the key roles a Project Risk Manager plays is helping the team determine how much exposure the project has from the ‘known risks'. This helps them to calculate the amount of cost contingency the project should be retaining.
Opportunities and threats are often difficult to separate. What poses as an opportunity may become a threat if not correctly handled.
