Safran Blog

The majority of project teams conduct cost and schedule risk analysis (CSRA) for one simple reason – more realistic information = better business decisions.

Revealing the likely impact of individual risks on a project’s cost and time to complete, CSRA is a valuable tool in every project team’s toolbox. It ultimately enables organisations to turn their project risk data into meaningful messages that inform project teams, guide their decision-making and engage them in a way that many traditional project management techniques simply cannot.

Risk management software is pivotal to successful project management. However, despite its importance, it can be years before organizations consider upgrading.

But times change, new challenges arise, and risk management professionals must be enabled – through the use of the latest tools – to plan for these new challenges.