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Oracle Primavera Cloud: Program & Project Risks Management Solutions

Discover how RPCuk offers comprehensive Oracle Primavera Cloud solutions for effective project risk management, reporting, and analysis. Enhance your enterprise risk reporting and leverage Monte Carlo simulations.

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Oracle Primavera Cloud: Program & Project Risks Management Solutions

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  1. Program & Project Risks and Reporting with Oracle Primavera Cloud Peter Gable RPCuk

  2. Overview of Oracle Primavera Cloud • AKA - Prime Project Risk Qualitative and Quantitative • Schedule Risk • Project Risk Register • Risk Analysis (Monte Carlo simulation) Enterprise Risk Reporting • Enterprise Risk Register • Tabular Reports • BI Reports Integration with P6 • XML Import/Export • Gateway Agenda

  3. RPC UK Limited (RPCuk) helps clients to deliver their projects successfully. We have been providing effective Oracle Primavera product solutions since 1992 and our comprehensive portfolio of skills, services and solutions creates the ideal platform to support the complete project lifecycle... • world-leading Oracle Primavera EPPM software products • Oracle Specialized Primavera product implementation, integration and reporting consultancy expertise • Oracle Primavera application support • Oracle Primavera product education and training • Oracle appliances and IaaS/PaaS/SaaS cloud solutions ABOUT RPCuk

  4. CREDENTIALS Recognized by Oracle. Preferred by Customers.

  5. What is Oracle Primavera Cloud? • AKA “Prime” • 100% Cloud-based product • Project and Portfolio Management service built on Oracle technology • Integrated scope, cost and schedule • Long range capital and resource planning • Evaluate ideas and proposals that align with business strategic goals • Tools to perform enterprise risk analysis in the cloud leveraging Monte Carlo simulations

  6. Project Schedule, Cost & Risk What’s the chances of this project still finishing on time? Well, I have my plan in P6. I have a Risk Register with 30 risks, 10 of which are red. Project Manager Planners Estimators Risk Managers

  7. Project Schedule, Cost & Risk What’s the chances of this project still finishing on time? Project Manager OPC Well, I have my plan in P6. I have a Risk Register with 30 risks, 10 of which are red. Currently 75%, but we have a proposed mitigation plan to get to 95% if you’ll approve? Planners Estimators Risk Managers

  8. Risk Management • Full, native risk lifecycle management capabilities • Project-level risk register supporting both qualitative and quantitative analysis • Pre-built reporting and analytics • Bi-directional integration with P6 to perform risk analysis

  9. Provides the basis for both qualitative and quantitative risk analysis Enables standardization of risk scoring across the enterprise Set probability ranges as well as schedule, cost, and user-defined thresholds Rich color-coding to highlight greatest risks to a project Easy-to-use configuration steps Risk Scoring Matrix

  10. Risk Register • Central location for identification, assessment, categorization, and statusing of project risks • Track at both project and activity level • Immediate visibility into risk score based on native risk scoring matrix • Manage response plans to determine best course of action • Supports custom-defined fields

  11. Risk Analysis • Quantitative visibility into likelihood of meeting project or activity dates • Pre-built Histogram & Tornado Charts based on Monte Carlo • Choose to analyze pre-response, post-response, or both

  12. Typical Use CaseProject & Program Risks

  13. Project Program • Create / Update Schedule • Direct in OPC / P6 integration • Assign Risk Matrix • Apply Activity Uncertainty • Add (or import Risks) for the project • Connect Risks <-> Activities • Analyse Project Risk Register • Run QSRA (Monte Carlo simulation) • Analyse risk adjusted dates • Add Program Risks • Analyse Program Risk Register • Combination of Project risks in the program • Additionally, risks that occur across the program Project & Program Risks • Risk Reporting • OPC Views • BI Reports • Tabular reports

  14. Project Risks

  15. Program & Project Risks Program Risks Project Risks

  16. Reporting Options • Views / Layouts • Tabular Reports • BI Publisher • Analytics Risk Reports

  17. Live DemoProject & Program Risks

  18. Typical Use CaseP6 Integration

  19. P6 Gateway OPC Add Activity Uncertainty Create and Maintain Risk Register Connect Risks <-> Activities Perform QSRA Update P6 Schedule with Risk-adjusted dates Suggested Data Flow for Risk Use Case Create andMaintain Schedule Schedule from P6 to OPC Schedule from OPC to P6 Risk-Adjusted Schedule in P6

  20. Please visit us on Stand 45/46

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