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Project Risk Management Trends

08th Apr 15

Posted by Dean Edmundson

Topics: Schedule Risk Analysis

According to a 2014 study on project risk management trends, only 30% of projects are being delivered on budget and only 15% of projects are being delivered on time. Respondents believe decision making needs improvement, with almost half classifying this function as poor to moderate. In those same studies, 92% of recently surveyed CEOs agreed that information about risk is important or critical to long-term success. Only 23% believe they have comprehensive information about risks to their business. Project complexity is rising and the accompanying risks are rising right along with it. This reality limits an organization’s ability to deliver projects successfully.

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Luckily, there’s a better way for project professionals to evaluate project risks and support their project decisions. Safran Risk is creating a real opportunity for organizations to identify and mitigate project risk throughout the project lifecycle. Safran Risk is 100% focused on project and risk management software solutions for project and asset intensive market. Our real-time scheduling engine allows customers to model risks across multiple scheduling programs. Our solution is easy to use and provides the detail needed to quantify and mitigate project risk. Safran leverages our project scheduling engine for timely risk modeling. In a world where 70% of capital projects are over budget and 85% are behind schedule, we want to help you beat the odds.

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