Collaborate 2009 Projects SIG Suhail Maqsood Vice President.

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Collaborate 2009 Projects SIG Suhail Maqsood Vice President

Transcript of Collaborate 2009 Projects SIG Suhail Maqsood Vice President.

Page 1: Collaborate 2009 Projects SIG Suhail Maqsood Vice President.

Collaborate 2009Projects SIG

Suhail Maqsood

Vice President

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Rysigo Technologies Corp – 2008

16th century German technical business term – “To dare, to undertake a business and aspire for economic success”

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Strategic Alliances

Projected Consulting“Worlds largest 100% Oracle Projects focused Consulting company”

•11i10 BI publisher Ad Hoc reporting tool, •Manage AG rules via Projects AutoAccounting through AG/AA Bridge •Customised Object Monitoring•Opensource OA FWK components – for Oracle Projects•Specialist high tech Training Centre offering outsourced Oracle training

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Risks: Why YOU should care

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Increase in Structured Work

Rise of Globalization

Corporate Complexity

Operational Challenges

Compelling reasons for managing Risk

Alignment of resources, priorities and objectives

Deliver results faster with fewer resources

Accountability and visibility of work

$

Rise in Mergers and Acquisitions

Off and Near Shoring vs. Outsourcing

Expansion vs. Strategic Alliances

Global teams, efficiency and standards

Access to new markets

Adherence to local laws, accounting and taxation

Silos of information / inefficient processes

Limited Collaboration & cross-work analysis

Lack of Mgmt visibility reactive decisions

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Risk Management Concepts

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Managing Project Risks Today - Drawbacks

Control Item Types (Issues)• Issues vs. Risks • Security and process• Quantitative metrics and analysis

3rd Party applications• Silo’s of information• Lack of standards within a Corporation• Data inconsistency and visibility

Excel spreadsheets and custom applications• Silo’s of information• Lack of Control, process and accountability• Visibility

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Project Risk Management for Oracle Projects

Primavera Crystal Ball Rysk Management

Available for Oracle Projects

No No Yes

Single data model No No Yes

Oracle Projects compatibility

None None 11i10, FP-M and R12, PJF dependency only.

Out of the box integration

No No Yes

Quantitative Metrics

Yes Yes Yes

Collaborative Limited No Yes

Auto generation of Risks

Yes No Yes

Monte Carlo Analysis

Yes Yes No

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RYSK MANAGEMENT FOR ORACLE PROJECTS

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Project Risk Management – an Overview

Assess Risk v Reward Minimize Exposure Learn

•Collaborate•Expose all risks•Eval. probability & impact•Decide whether to participate

Visibility, Security, Reporting

•Surface risks early•Economically mitigate•Contingency planning•React appropriately

•Evaluate performance•Identify improvement areas•Understand unexpected risks•Feedback lessons learned

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SOLUTION HIGHLIGHTS

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Rysk Management for Oracle Projects - Highlights

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Product Demo

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Drill Into a Project From Oracle Projects

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Risk tab embedded within Project Workbench

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View Summary of Risks

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View Risk Register

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“Quick Create” a Risk

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Manage a Risk

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Define Risk Impacts

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Plan For Risk

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Implement Risk Response Plan

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Close Risk

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