Project Management

Assessing Bid Viability With Primavera Risk Analysis

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Executive Summary

Before drafting and presenting a bid, a company must evaluate the revenue potential of the project, the type of contract to enter into, and its own capacity for executing the project. Each of these areas is heavily impacted by uncertainty. To create the best-possible bid, companies use Primavera Risk Analysis, a full lifecycle risk analytics solution integrating cost and schedule risk management. This white paper defines the key factors to consider when placing a bid on a high-risk project. It then explains how Oracle's Primavera Risk Analysis provides a comprehensive means of helping companies understand the risk environment and shows them how to create bids that increase the potential for a positive Return On Investment (ROI).

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