Risk Management

Projects Are Risky By Nature

Quantitative Schedule Risk Analysis (QSRA) is a simple yet effective technique to connect the risk information of project activities to a programme, in order to provide sensitivity information of individual project activities to assess the potential impact of uncertainty on the final project duration and cost.

All projects involve taking risk and managing uncertainty – some more than others. Good risk management practices and tools help you to succeed with your project by working out how to take the right amount of risk and navigate the uncertainty that matters to your project team and your stakeholders. QSRA is a tool in the Praeclarus Group Risk toolkit to help you understand and manage schedule risk, as part of an integrated approach to managing project risk.

We use industry leading digital tools to undertake QSRA supporting our clients in understanding schedule uncertainty and building delivery confidence.