According to a recent study on project risk management trends, only 30% of projects are being delivered on budget, and only 15% of projects are actually delivered on time. Respondents stated that decision-making needs improvement; almost half classified this function as poor to moderate.
In the same study, 92% of recently surveyed CEOs agreed that information about risk is important or critical to long-term success. However, only 23% believe they have comprehensive information about risks to their business. With project complexity rising, risks associated with a project rise as well.
The outcome? Organizations are increasingly less able to deliver projects on time, and successfully. How can organizations put a stop to unsuccessful projects? Safran has worked diligently to create a solution that gives project risk professionals a better way to evaluate and support their project decision—Safran Risk.
Safran Risk is creating a real opportunity for organizations to identify and mitigate project risk throughout the project lifecycle. It’s 100% focused on project and risk management solutions for project and asset intensive market. Our real-time scheduling engine allows customers to model risks across multiple scheduling programs. Our solution—Safran Risk—is easy to use, and provides the detail needed to quantify and mitigate project risk. The project-scheduling engine allows risk management professionals to create a timely, and accurate, risk model.
In a world where 70% of capital projects are over budget and 85% are behind schedule, we want to help you beat the odds.