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PRIMA © PRIMA Consortium All Rights Reserved 1 PRIMA Project Project funded by the EC under the Information Society Technology - 1998/2002 News ways of working and electronic commerce Duration : 24 months 9 Partners, 4 Countries
PRIMA © PRIMA Consortium All Rights Reserved 2 Project RIsk MAnagement European Partners (France, Spain, Greece & Italy) Alcatel Space Industries University of Toulouse 1 ( Department of “Sciences Sociales pour l’Ingénieur” ) CR2A-DI ( Software house specialised in the use of IC technologies ) AICIA ( Andalusian Association for Research and Industrial Co-operation ) SAINCO ( Manufacture and assembly of industrial process control and monitoring instruments. Integrated into ABENGOA, most important Spanish industrial consortium ) NTUA ( National Technical University of Athens - Mechanical Engineering Department ) HCSA ( Hellenic Company for Space Applications - Established by Alenia Aerospazio Spa & Comersa Ldt ) Politecnico di Milano ( Mechanical Department ) Snamprogetti ( Chemical and biological company - Integrated into ENI Group )
PRIMA © PRIMA Consortium All Rights Reserved 3 Project RIsk MAnagement PRIMA Objectives Method and software for : capitalise, estimate and organise risks to improve the competitive value during Request For Proposal phase
PRIMA © PRIMA Consortium All Rights Reserved 4 Project RIsk MAnagement
PRIMA © PRIMA Consortium All Rights Reserved 5 PRIMA Method
PRIMA © PRIMA Consortium All Rights Reserved 6 PRIMA Method Knowledge Risk Management & Knowledge DataBase Request For Proposal Analysis Bid / No Bid Bid Proposal External Risks (Experience / Knowledge) Internal Risks (Experience / Knowledge)
PRIMA © PRIMA Consortium All Rights Reserved 7 Project RIsk MAnagement Functionalities : Project risks management Decision Support System Corporate Knowledge Management Users : Project managers Technical staff Financial staff...
PRIMA © PRIMA Consortium All Rights Reserved 8 Project Interests For Company Continuous Improvement Inserts risk management in the RFP phase Supports a management plan including the risks management at the beginning of the contract Conducts a documentation on the risks associated with the projects Organizes the experience/knowledge return
PRIMA © PRIMA Consortium All Rights Reserved 9 Risk Definition Risk Scale : Positive : Opportunities Negative : Threats Risk Nature : External : incurred customers / market / environment Internal : to keep under control products / process / resources
PRIMA © PRIMA Consortium All Rights Reserved 10 Project Risk Management The toolkit will help the bid manager : to focus on industrial risk management to take into account the market or environment risk to make the risk acceptable to the customer External risk Market or environment risk Assessment : Risk exposure for the company. Technical solution criticality and danger for the enterprise Assessment : Risk acceptability by the customer or the environment. Technical solution criticality and danger for the customer or the environment Trade-off Internal risk Industrial or technical risk Risks?
PRIMA © PRIMA Consortium All Rights Reserved 11 Decision Support System Improvements Bid / No bid & Make or Buy Support to bid construction (rapid evaluation) Technical solution choice support : evaluation and comparison through risk assessment Co-operative work during bid construction process Company position systematic evaluation at a high level of visibility and integration
PRIMA © PRIMA Consortium All Rights Reserved 12 Corporate Knowledge Management Company referential building Installs the Method to get knowledge capitalization to develop the company memory towards business Organizes the corporate business memory
PRIMA © PRIMA Consortium All Rights Reserved 13 Corporate Knowledge Management Company memory and knowledge capitalization Acquisition status : distributed unstructured knowledge making difficult a systematic use Classification data language (common and unifying pivot language) ontology of objects, processes, adapted actions established from existing practice Know-how and experience capitalization from bid project managers gathered by project groups organized by the memory administrator
PRIMA © PRIMA Consortium All Rights Reserved 14 Conclusion : Business Impact Measures Bid efficiency : Proposal preparation time : about 10% of average decrease Bidding price : about 5% of average decrease Bid quality : 5% of critical items identified Bid resources : 5% of reduction of human resources to deliver a proposal Company position : 5% reduction of the distance of competitive value from competitors ….. (Comparative measurement with and without PRIMA)
PRIMA © PRIMA Consortium All Rights Reserved 1 Project Risk Management Project funded by the EC under the Information Society Technology /2002 Corporate.
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