Risk is an inherent part of all but the simplest of procurements. As a buyer, you will be concerned about the risks associated with bringing your project in on budget,...
Governments around the globe are preparing to rebuild economies following the impact of Covid-19. In the UK, the PM announced the Build Build Build project which is set to inject...
“Life doesn’t always present you with the perfect opportunity at the perfect time. Opportunities come when you least expect them, or when you’re not ready for them. Rarely are opportunities...
Project/programme managers and contractors who want to satisfy customer demands for cost and schedule analysis – we can get you to where you need to be in 3 easy steps:...
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)...
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...
In an increasingly competitive and cost-sensitive environment, CROs need to be better informed on how risky a particular bid price might be (the probability of making a profit or loss)....
"At companies that have a formal ERM program -- by no means a majority – ERM is generally in a nascent stage. We believe that ERM eventually will not be...