Project Risk Management - A Quantitative Approach

PRIMA-Q is developing a framework and implementing a pre-competitive tool to quantitatively manage project related risks in small and medium sized enterprises

Motivation

  • Lack in definition and missing standards regarding project risk management
  • Existing project management tools either lack quantitative risk management or are liable to costs
  • Increase risk transparency throughout the organisation

Goals

  • Framework for quantitative project risk management adapted for small and medium sized enterprises (SME)
  • Risk identification, quantification and impact control
  • Compatibility with other project management tools

Realisation

  • Open source software tool
  • Project risk quantification with virtual scenario analysis
  • Semi-automated project forecast
  • Risk-optimal ressource distribution

NEWS

OUR TEAM

 

Jan Bitter,
M.Sc.

__________________________________________________

Project Leader
Institute for Management Cybernetics e.V. 
(IfU) 

Christophe Ponsard,
M.Eng.

_________________________________________________

Center of Excellence in
Information and Communication
(CETIC)

Hendrik Mende,
M.Sc.

__________________________________________________

Fraunhofer Institute for Production Technology
(IPT)

Dennewartstraße 27
D-52068 Aachen 

Avenue Jean Mermoz 28 
B-6041 Charleroi

Steinbachstraße 17
D-52074 Aachen 

+49 241 / 80 – 911 71

+32 472 / 56 90 99

+49 241 / 89 04 – 386

Jan.Bitter@ifu.rwth-aachen.de

Christophe.Ponsard@cetic.be

Hendrik.Mende@ipt.fraunhofer.de

Supporter of the Project

The Project is funded by

Consortium

Project Advisory Committee