PROJECT RISK ANALYSIS | PREDICT COST AND DELIVERY DATES

Project Risk is Everywhere! Together we can beat the odds

“Initial cost and schedule estimates for major projects have invariably been over-optimistic. The risk that cost and schedule cannot be determined and constraints will not be met, if cost and schedule estimates are given in terms of single points rather than distributions.”

Final Report of the USAF Academy Risk Analysis Study Team, August 1971

According to the Chaos Report, almost 40 to 50% of (Challenged) projects fail to meet their initial budget and schedule constraints. Technology Partnerz provides both planning and risk analysis services that will ensure your project will be delivered on time and on budget.

Technology Partnerz risk based project planning and estimating approaches are based on leading best practices and ensure that you plan for the right budget and set the right scheduling estimates the first time around - establishing a project's (and its team's) credibility from day 1.

Answer the tough questions with Project Risk Analysis




This is how Technology Partnerz will help you find the right answers


Question 1: Budgeting and Cost Estimation using Simulation


  • Engage with Subject Matter Experts and Estimators to define ranges around key costs and quantities.
  • Build and validate cost estimate simulation models
  • Sensitivity analysis to identify key project costs, quantities and other risk variables that drive uncertainty or variability in your estimate.
  • Incorporate risk registries into the cost estimate to derive Pre and Post-Mitigation Scenarios and establish what is the optimal budget to mitigate risk.
  • Run multiple simulations and scenarios to get a 360 degree view of potential project cost scenarios.
  • Prepare comprehensive reports for management that explains in clear terms the risks and the probability of achieving the project's budget objectives.

Question 2: Scheduling and Resource Allocation using Schedule Simulation


  • Quantify the effects of critical tasks in your current project
  • Identify resource constraints
  • Build, Validate and Simulate project schedule
  • Identify key people, resources, vendors or other variables that drive uncertainty or variability in your delivery date
  • Optimize the project's resource allocations to meet budget or scheduling constraints
  • Optimize scheduling based on the availability critical resources and key business objectives
  • Run multiple simulations and scenarios to get a 360 degree view of potential project delivery/executing scenarios.
  • Prepare comprehensive reports for management that explains in clear terms the risks and the probability of achieving the project's delivery dates.






Question 3: Detailed financial analysis using Monte-Carlo Simulation, including:


  • Return on Investment
  • Time series forecasting of project costs and benefits
  • Net Present Value & Internal Rate of Return
  • Total Cost of Ownership
  • Contribution to quantifiable business objectives.




Question 4: Determine an optimum and robust delivery strategy


  • Prepare reports and presentations to communicate key facts to project stakeholders
  • Develop risk mitigation strategies with project partners and suppliers
  • Recommendations on project policies, procedures and management parameters
  • Organizational Change + Risk Management strategy recommendations



Have questions?

Please download our rate sheet and brochure of give us a call - We are available to answer your questions and explore how we can make your project a success.

Get Rate Sheet Download Brochure Contact Us

  telHave a question? Give us a call at 1-888-879-8440
Monday to Friday (10am-8pm EST)