Oracle Primavera Risk Analysis: Project Risk Management Software

Primavera Risk Analysis is Oracle's integrated quantitative risk analysis solution, enabling project teams to assess the impact of uncertainty and risks on project schedules and costs using Monte Carlo simulation . It is available as part of the Oracle Primavera Cloud platform and integrates with P6 EPPM for enterprise-level risk management .

Core Capabilities

Quantitative Risk Analysis

• Monte Carlo Simulation: Runs thousands of iterations to determine the likelihood of meeting project objectives. Supports up to 30,000 risks per analysis .

• Analysis Options: Three preset levels—Fast, Normal, and Comprehensive—allowing users to balance calculation time against result detail .

• Convergence Control: Automatically stops simulation once results stabilize, or users can set a fixed number of iterations .

Risk Modeling Types

• Activity Uncertainty: Models duration or cost uncertainty using distribution ranges on individual activities .

• Risk Events: Creates threats (negative) or opportunities (positive) with probability and schedule/cost impact thresholds .

• Weather Risks: Models non-working time due to different weather events affecting project calendars .

• Risk Factors: Links cost or duration uncertainty directly to activities .

Results & Analysis Views

• Distribution Results: Probability distributions showing project finish dates, costs, and activity-level statistics. Users can set target dates/costs to view probability of achievement .

• Mean Impact Analysis: Tornado charts ranking activities and risks by their average contribution to project delay or cost overrun .

• Risk Removal Impact Analysis: Measures and ranks the potential impact of removing each risk from the project, identifying the most critical risks .

• Scatter Plot: Visualizes joint confidence levels (JCL) for completing a project within both cost and schedule targets simultaneously .