Collaborate 2009 Projects SIG Suhail Maqsood Vice President
Suhail Maqsood – Rysigo Technologies Corp Worked for Oracle Corporation for 14+ years, last 9 of which have been numerous roles leading teams within Oracle Projects Development. Specialist area includes Project Management, Resource Management, Collaboration and Analytics. Industries include: Engineering and Construction, Public Sector, Professional Services. My Blogs: (Risk Mgmt) (Oracle Projects)
Rysigo Technologies Corp – th century German technical business term – “To dare, to undertake a business and aspire for economic success” Risk Management Software Rysk Management for Oracle Projects Qualitative, Quantitative and Collaborative Risk Mgmt Strategic Consulting Technology and Deep Product Roadmap Expertise Leaders for Oracle Projects and Oracle CRM Applications Custom Development and Superior Support Built to Oracle ERP Application Standards Bangalore Development Center
Strategic Alliances Projected Consulting “Worlds largest 100% Oracle Projects focused Consulting company” 11i10 BI publisher Ad Hoc reporting tool, Manage AG rules via Projects AutoAccounting through AG/AA Bridge Customised Object Monitoring Opensource OA FWK components – for Oracle Projects Specialist high tech Training Centre offering outsourced Oracle training
Risks: Why YOU should care
Increase in Structured Work Rise of Globalization Corporate Complexity Operational Challenges Compelling reasons for managing Risk Alignment of resources, priorities and objectives Deliver results faster with fewer resources Accountability and visibility of work $ Rise in Mergers and Acquisitions Off and Near Shoring vs. Outsourcing Expansion vs. Strategic Alliances Global teams, efficiency and standards Access to new markets Adherence to local laws, accounting and taxation Silos of information / inefficient processes Limited Collaboration & cross-work analysis Lack of Mgmt visibility reactive decisions
Risk Management Concepts
Managing Project Risks Today - Drawbacks Control Item Types (Issues) Issues vs. Risks Security and process Quantitative metrics and analysis 3 rd Party applications Silo’s of information Lack of standards within a Corporation Data inconsistency and visibility Excel spreadsheets and custom applications Silo’s of information Lack of Control, process and accountability Visibility
Project Risk Management for Oracle Projects PrimaveraCrystal BallRysk Management Available for Oracle Projects No Yes Single data modelNo Yes Oracle Projects compatibility None 11i10, FP-M and R12, PJF dependency only. Out of the box integration No Yes Quantitative Metrics Yes CollaborativeLimitedNoYes Auto generation of Risks YesNoYes Monte Carlo Analysis Yes No
RYSK MANAGEMENT FOR ORACLE PROJECTS
Project Risk Management – an Overview Initiating Planning Executing Controlling Closing Assess Risk v RewardMinimize ExposureLearn Collaborate Expose all risks Eval. probability & impact Decide whether to participate Visibility, Security, Reporting Surface risks early Economically mitigate Contingency planning React appropriately Evaluate performance Identify improvement areas Understand unexpected risks Feedback lessons learned
Rysigo Solution Initiating Planning Executing Controlling Closing Assess Risk v RewardMinimize ExposureLearn Collaborate Expose all risks Eval. probability & impact Decide whether to participate Surface risks early Economically mitigate Contingency planning React appropriately Evaluate performance Identify improvement areas Understand unexpected risks Feedback lessons learned Manual Risk Capture Impact Assessment Automated Risk Capture Notifications Change Request Gen. Graphs & Reporting Role Based Security Collaboration Rollup across projectsTemplatized Risk CreationApproval Workflows Risk Mitigation
SOLUTION HIGHLIGHTS
Rysk Management for Oracle Projects - Highlights Leverage Your Existing Investment Auto create Risks via Project Templates Transfer Risk via Change Documents Risk Register Regions Surface All Risks Project Team Risk Creation and Collaboration Generate Risks via predefined rules Streamlined Risk Creation Security to view and edit Risk Assessment And Plans Risk Metrics for quantitative analysis Intuit graphs Approval and notification workflows Develop Risk Mitigation and Response Plans Harvest Risk Experience Use tags to classify Risk and its resolution Update templates to reflect risks for specific projects Build Business Logic Around Risks Use public API’s and Client extensions to calculate Risk Metrics Leverage workflow to coordinate risk status lifecycle, notifications and approval
Product Demo
Drill Into a Project From Oracle Projects
Risk tab embedded within Project Workbench
View Summary of Risks
View Risk Register
“Quick Create” a Risk
Manage a Risk
Define Risk Impacts
Plan For Risk
Implement Risk Response Plan
Close Risk
For further information