Safran Risk

Safran Risk

Safran Risk combines cost risk analysis and schedule risk analysis in one tool, savings are made in licensing costs and training, support, and ongoing maintenance. The largest potential saving comes from eliminating the time lost to ‘translate’ cost information into a format the schedule can understand. This time-consuming process carries a high margin of error, while industry recommendations are clear that risk analyses should integrated as frequently as possible, the time and complexity involved mean many organizations are unable to meet the mark.

Finally, receiving the same coherent, consistent set of reports–whether the analysis is for cost, schedule, or integrated cost and schedule–increases executive/stake holder understanding and enables far more timely, accurate, and auditable decision-making.


Key Features
• Independent study found Safran Risk runs 97% faster than OPRA (Pertmaster)
• Secure and stable SQL database for your largest logic linked resource loaded schedules
• Clear, simple Reporting with added automation (not just S-curves and Tornado diagrams)
• Automated Sensitivity Analysis by Exclusion for milestones, hammocks & costs


• Oracle P6. XER + Microsoft Project .XML + .MPXJ Interoperability
• integrated Cost & Schedule Risk Analysis.
• Stochastically test risk mitigation proposals for smarter cost-benefit analysis.
• Utilize Lessons-Learned & Actual Performance (or historical weather data).
• Easier User-Interface for applying different types of correlation.
• Real-Time Analyzer to spot anomalies before committing to full simulation.
• Increased model transparency and simple workflows.


• Enhanced engagement and collaboration though what-if comparison.
• Leverage the Risk Driver method to clearly show cause & effect.
• Fast & intuitive for live risk workshops and presentations.
• Automatically visualize risk adjusted Gantt charts and Cashflows.
• Fully customize how schedules are visualised to elevate audience comprehension.
• Re-use time freed-up to improve model validity, stress-test & discover/propose new recommendations.
• Automatically visualise risk adjusted Gantt charts
• Fully customize how schedules are visualised






Key Benefits
Safran Risk combines cost risk analysis and schedule risk analysis in one tool, savings are made in licensing costs and training, support, and ongoing maintenance. Perhaps the largest potential saving comes from eliminating the time lost to ‘translate’ cost information into a format the schedule can understand. This time-consuming process carries a high margin of error; while industry recommendations are clear that risk analyses should integrated as frequently as possible, the time and complexity involved mean many organizations are unable to meet the mark.

Finally, receiving the same coherent, consistent set of reports–whether the analysis is forecast, schedule, or integrated cost and schedule–increases executive/stake holder understanding and enables far more timely, accurate, and auditable decision-making.





Why Safran for Risk Management
Management of any project, whether complex or straight forward, begins with a high-level cost risk analysis, often during the project discovery, identification, or bid phase–well in advance of the creation of a project plan.
At Safran, we recognized the demand for complex cost risk analysis was only being satisfied by variety of disparate tools, often including custom built Excel-based solutions.
Not only are such tools difficult to maintain–particularly when specialist expertise is required–but once projects are sanctioned and project plans developed, opportunities to incorporate and build upon existing cost risk analysis are frequently overlooked.
What’s more, unexpected cost over-runs and missed opportunities to mitigate risks are common. This leads to inefficiencies for several reasons, including:
1. Siloed working–cost and schedule teams often operate completely independently
2. A lack of compatibility between tools used by Cost and Schedule teams
3. Traditional approaches to cost loading schedules are often ‘alien’ to cost engineers







Future of Project Management (Risk Analysis)
Complex project management has evolved. What was once simple, deterministic activity and duration planning now relies upon the improved forecast-accuracy afforded by a thorough understanding of the impact of risk upon schedules.
Cost Risk Analysis is essential for full control of today’s mega projects. But to combine cost and schedule risk harmoniously, you need a variety of disparate tools–likely having to transfer schedules and data between them to analyze and present schedule impact and final forecasts.
This method impacts the integrity of any analysis–risking inaccuracies and often leading to more severe consequences such as cost over-runs and uncontrolled risks–and it’s actually very hard to achieve fully integrated and coordinated analysis.
Safran Risk addresses this by three components
• Critical Path Method
• .Schedule Risk
• Cost Risk
which combine seamlessly to ensure the integrity of the final analysis.
This approach not only improves the ease and health of all decision-making but also provides full integration with our existing Schedule Risk Analysis capability.