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New Insight: Performing Integrated Cost and Schedule Risk Analysis on a Multi-Billion Dollar Project

Pacific Northwest National Laboratory (PNNL) tackles some of America’s greatest science and technology challenges, including strengthening the country’s energy resiliency and protecting national security. By utilizing their expertise in chemistry, earth sciences, and data analytics, PNNL’s researchers have taken great steps in innovating and pioneering a safer, cleaner, world.

Our latest case study looks at how using Safran Risk has enabled PNNL to take a completely new approach to megaproject risk when conducting cost and schedule risk analysis.

What you’ll learn

Craig Maloney, a project manager with PNNL, talked us through how Safran Risk has been used to perform best-in-class integrated cost and schedule risk analysis on multi-billion dollar megaprojects, and how it has handled complex risks, schedules, and insights, in a timely and effective way. Craig covers:

  • PNNL’s key tenets when running risk analysis
  • How PNNL uses Safran Risk on megaprojects that span decades and cost billions of dollars
  • The impact of PNNL’s innovative Parent & Child risk management method

“Where analysis in OPRA may have taken hours for a 1,000 or 2,000 case, in Safran Risk, we typically take 10,000 iterations for our models and even for analysis of this magnitude we still see results in less than ten minutes.”

Discover exactly how Safran Risk transformed PNNL’s approach to risk analysis on multi-billion megaprojects by viewing the full case study here.

Read the case study