Correlation is often crucial to the risk model. It helps analysts understand the often-complex relationships between events and the risks that can affect them. More than that, it plays an integral role in counteracting the effects of the Central Limit Theorem (CLT).
Hello, my name is Ian Nicholson, VP of Solutions at Emerald Associates.
Oracle Primavera Risk Analysis (OPRA) has long been one of the industry’s most popular risk management tools.
I myself have relied on it for the best part of two decades. However, technology has come on leaps and bounds since the turn of the new millennium. It’s progressed to such an extent in fact that legacy systems like OPRA are, quite simply, no longer capable of meeting the needs of the modern project manager.
Hello, my name is Ian Nicholson, VP of Solutions at Emerald Associates.
Over the past 20 years, I’ve gained a deep understanding of both the capabilities and the limits of Oracle Primavera Risk Analysis (OPRA).
Back in 2006, when it was still known as Pertmaster, it was more than capable of meeting the requirements of the average project manager. However, during the last decade, Oracle has been gradually sunsetting the product, downgrading it to “Controlled Availability” status last year. A move that essentially rendered it no longer fit for purpose.
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.
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.
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!
Opportunities and threats are often difficult to separate. What poses as an opportunity may become a threat if not correctly handled.
