The fifth step of a typical Oracle | Primavera Risk (Pertmaster) Monte Carlo analysis is to track, quantify, and link risk events to the project schedule for the Monte Carlo analysis. Pertmaster allows a project manager to create pre-defined or customized reports based on the qualitative risk data being tracked.
The built-in risk register reports are designed to be easy to use.
The risk matrix report (Menu Path – Reports | Risk Matrix) will show where the risk is on the probability and impact risk matrix.
The risk scoring system report (Menu Path – Reports | Risk Scoring) outlines the entire the scoring system that was setup previously.
The risk report manager (Menu Path – Reports | Report Manager) will allow users to setup a simple custom report:
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The PRC Enterprise Risk Register is a web-based risk management software solution which allows for the tracking of risk at the project and portfolio level. Audit logs for all risk updates and changes are available at the click of a button to aid with audits, claims and the flow of information. The power of the PRC Enterprise Risk Register is in the simplicity of the user interface, which is designed to navigate easily at both project and portfolio levels without compromising functionality or data. The PRC Enterprise Risk Register allows for mapping across project levels so the data can be reported at the portfolio level, even if the work, risk and organizational breakdown structures are not standardized.
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The PRC Enterprise Cost Risk Analysis is a customizable web-based solution for simulating estimate cost and determining cost contingency, cost drivers, and risk hotspots. The key to a good risk analysis is good inputs. The software cannot be a roadblock to success. Good risk software should be easy on the end user. Monte Carlo simulation is already a complex. The software should simplify the process.
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The PRC Enterprise Schedule Risk Analysis is a customizable web-based solution for simulating schedule duration and dates. At PRC Software, we believe that the key to good risk software is through good inputs and excellent user friendliness. A Monte Carlo simulation is already a complex. The software should not be complicated as well.
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PRC specializes in risk analysis, audit, and training. We have cross-industry experience in fields such as Aerospace & Defense, Oil & Gas, and Engineering & Construction. We believe that over-complicating the risk process often leads to wasted effort and poor results. Our goal is to "make it simple."
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