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Predict! schedule risk analysis SRA

Quality schedules. Better analysis results for decision-making

Posted 12 April 2016 | 0 Comments

A robust schedule is key to effective schedule risk analysis. This article offers simple guidance on using Predict! Risk Analyser to establish more reliable results from schedule risk analysis (SRA) by enhancing the quality of your schedule. This will in... Read More

Risk management software for projects – Make or buy?

Posted 19 October 2015 | 0 Comments

It’s a familiar scenario. Your project is high value and highly specialised, and having the right risk management software in place is going to be crucial. You have the budget in place to implement it. The question is now, do you build your own specialised risk tool,... Read More

Bidding and winning bids

Over Promising, Under Delivery, Why Your Approach to Bidding Could be Killing Your Business

Posted 21 June 2015 | 0 Comments

The pressure to reduce construction project costs is intense, and this creates a very challenging bidding environment. Commit to an ambitious schedule and you could face a costly overrun, bid too high and you could lose business altogether. The trend... Read More

Why spreadsheets won’t cut it for risk management

Posted 21 May 2015 | 0 Comments

At Risk Decisions, our new customers are typically implementing our Predict! software, to replace their spreadsheet-based risk management setup. Spreadsheets are great for getting started, but they have many pitfalls for such an important business process. Here’s seven things Predict!... Read More

Supply Chain Risk Management

Joint Risk Registers: How can you share your shared risk?

Posted 20 April 2015 | 0 Comments

Good risk management is essential for a successful partnership. Whether you manage your projects within a large organisation, deliver services through partners or have an elaborate delivery chain, no risk register is complete unless it includes relevant risks presented by... Read More

Implementing risk management software: Discover eight tips for a successful roll-out from Babcock

Posted 24 March 2015 | 0 Comments

With a large number of projects and programmes on the go, varying in size from £2-24M, Babcock Network Engineering opted to implement the Predict! suite of risk management software, as their existing Excel-based risk management system was no longer working... Read More

Risk Decisions

Aligning risk to objectives – using Key Performance Indicators

Posted 06 August 2014 | 0 Comments

How often are we advised that we should “identify and manage risk against objectives”? Sounds easy, but how many of us are doing this effectively, especially at the strategic level? Understanding your objectives At the tactical level, objectives are often... Read More

clinical trials risk management

Why Do Most Clinical Trials Run Late?

Posted 22 April 2014 | 0 Comments

There is widespread agreement across the pharmaceutical industry that the vast majority of trials fail to meet their timeline targets. This article makes the case that a significant part of the answer may lie in the inability of both sponsors... Read More

Risk Decisions

The benefits of managing risk across multiple projects

Posted 22 April 2013 | 0 Comments

When managing a program or portfolio of multiple projects, risks have to be managed at a level appropriate for each individual project. With the right organisational structure and software in place, you can also view, monitor and manage risks across... Read More

Risk Decisions

Improving Project and Business Confidence

Posted 22 April 2012 | 0 Comments

Monte Carlo simulation uses repeated random sampling to calculate results about physical and mathematical systems. It uses uncertainty in its inputs to generate a range of possible outcomes, which are then reported as results with a degree of mathematical confidence. The method... Read More

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