Copyright © 2015 Risk Decisions. All rights reserved | Project Risk Management – confidence to deliver: on budget, on time, every time Trevor Jay +44 (0)
Copyright © 2015 Risk Decisions. All rights reserved | PART 1 – Introduction Introduction to Risk Decisions PART 2 – What does good risk management look like? Broad involvement Transform data into information Decision making Managing by exception Consistent and auditable Continuously improving PART 3 – Additional Predict! functionality AGENDA
Copyright © 2015 Risk Decisions. All rights reserved | Management owned Risk Management & Analysis experts since 1985 To support large project-based organisations and government departments across the globe, protect their reputation and increase shareholder value,through better informed strategic decisions, by using our Predict! software on their projects, portfolios and for Enterprise-wide Risk Management. Our Mission Risk Decisions Group
Copyright © 2015 Risk Decisions. All rights reserved | Our Customers include: Framework Agreement since 2006 Preferred supplier since 1993 Since 2004
Copyright © 2015 Risk Decisions. All rights reserved | “We chose Predict! over several competitors because it offers the functionality and flexibility we need as a project based organisation, now and in the future. Predict! is also a widely used and trusted tool. Since we started implementing Predict! to manage risks during the project delivery phase, our gross margins have increased by around 2%.” Our Customers say: Paul Pring, Director, Infrastructure (Rail)
Copyright © 2015 Risk Decisions. All rights reserved | Our Customers say: “We recognized the need to implement a tool that could support the consistent approach and delivery of our PLP risk management processes on projects, including risk reporting across business units, regions and clients. We needed a flexible risk management system which allowed us to configure risk registers and risk scoring criteria to suit the needs of our clients. We chose Predict! because it is powerful yet easy to use. It also offers an attractive concurrent licensing model that works well with the way we use the tool in our regions worldwide”. Greg Ramsay, Global Director, Risk Management
Copyright © 2015 Risk Decisions. All rights reserved | “ A particular advantage of Predict! is the ability to start with a very basic system, and then deliberately ‘switch on’ the more complex functions, such as escalation, and workflow as the organisation develops. This offers excellent flexibility in configuring the system for not only corporate but also individual project and client needs.” Darren Fisher, Project Risk Management Lead Our Customers say:
Copyright © 2015 Risk Decisions. All rights reserved | “I am implementing a risk management system across a very large infrastructure programme. I want to bring both the client and the supply chain into the risk management process. I therefore need control over who can see what and I need to be able to fine tune access and functionality to the ability of the user/organisation. I also do not know at this point in time exactly how many users I will have. Predict’s fine access control and concurrent licensing provides just what I need.” Mike Gladwin, Doha Expressway Our Customers say:
Copyright © 2015 Risk Decisions. All rights reserved | Broad involvement Transform data into information Decision making Managing by exception Consistent and auditable Continuously improving PART 2 – What does good risk management look like?
Copyright © 2015 Risk Decisions. All rights reserved | Ease of Use –Personal interaction with Predict! –Seeing only relevant information –Being alerted to updates and action required –Quickly adding and editing risk information Broad involvement
Copyright © 2015 Risk Decisions. All rights reserved | Rolling up data and presenting information –Organisation Hierarchy tree –Configuration Multiple scoring systems Categories Transform data into information
Copyright © 2015 Risk Decisions. All rights reserved | Reports –PIG (Probability Impact Grid) –Top n –Summary report Analysis of plans, risks and uncertainty –Project Schedule analysis –Calculating contingency & confidence values Decision making
Copyright © 2015 Risk Decisions. All rights reserved | Focussing efforts on improving processes and outcomes –Risk hot spots Metrics reports –Risk Dashboards Managing by exception
Copyright © 2015 Risk Decisions. All rights reserved | Consistent –Reports –Data capture –Terminology –Categories Auditable –Filtering –History Risk Library Consistent and auditable
Copyright © 2015 Risk Decisions. All rights reserved | Easily configurable Escalation Related Risks & Actions Full function Monte Carlo modelling reminders Highly granular security Ad Hoc reporting Integration with corporate reporting tool Export to and Import from MS Excel PART 3 – Additional Predict! functionality
Copyright © 2015 Risk Decisions. All rights reserved | Integrated Predict! Software Predict! Risk Controller Risk management & standard reports Predict! Risk Intelligence Web interface to build ad-hoc reports Import your project schedule from MS Project or Primavera Predict! Risk Analyser Cost and Schedule Monte Carlo Analysis Predict! Connect Use your own reporting tool Predict! Risk Controller Lite Risk Upload/download using MS Excel
Copyright © 2015 Risk Decisions. All rights reserved | Predict! modules licensed separately Concurrent and/or Named Licences As many users as you want You only pay more as the system is used more, not just to add users You control user layouts, functionality and access Volume discounts Flexible licensing – minimises TCO
Copyright © 2015 Risk Decisions. All rights reserved | Thank You – Any Questions? +44 (0)