Prima project Project funded by the ec under the Information Society Technology 1998/2002

PRIMA Project

• Project funded by the EC under the Information Society Technology - 1998/2002

• News ways of working and electronic commerce

• Duration : 24 months

• 9 Partners, 4 Countries

Project RIsk MAnagement

• European Partners (France, Spain, Greece & Italy)

• Alcatel Space Industries
• University of Toulouse 1 (Department of “Sciences Sociales pour l’Ingénieur”)
• CR2A-DI (Software house specialised in the use of IC technologies)
• AICIA (Andalusian Association for Research and Industrial Co-operation)
• SAINCO (Manufacture and assembly of industrial process control and monitoring instruments. Integrated into ABENGOA, most important Spanish industrial consortium)
• NTUA (National Technical University of Athens - Mechanical Engineering Department)
• HCSA (Hellenic Company for Space Applications - Established by Alenia Aerospazio Spa & Comersa Ldt)
• Politecnico di Milano (Mechanical Department)
• Snamprogetti (Chemical and biological company - Integrated into ENI Group)

Project RIsk MAnagement

• PRIMA Objectives

• Method and software for :

• capitalise, estimate and organise risks

• to improve the competitive value

• during Request For Proposal phase

Project RIsk MAnagement

PRIMA Method

PRIMA Method

Project RIsk MAnagement

• Functionalities :

• Project risks management

• Decision Support System

• Corporate Knowledge Management

• Users :

• Project managers

• Technical staff

• Financial staff ...

Project Interests

• For Company Continuous Improvement

• Inserts risk management in the RFP phase

• Supports a management plan including the risks management at the beginning of the contract

• Conducts a documentation on the risks associated with the projects

• Organizes the experience/knowledge return

Risk Definition

• Risk Scale :

• Positive : Opportunities
• Negative : Threats

• Risk Nature :

• External : incurred customers / market / environment
• Internal : to keep under control products / process / resources

Project Risk Management

• The toolkit will help the bid manager :

• to focus on industrial risk management
• to take into account the market or environment risk
• to make the risk acceptable to the customer

Decision Support System

• Improvements

• Bid / No bid & Make or Buy

• Support to bid construction (rapid evaluation)

• Technical solution choice support : evaluation and comparison through risk assessment

• Co-operative work during bid construction process

• Company position systematic evaluation at a high level of visibility and integration

Corporate Knowledge Management

• Company referential building

• Installs the Method

• to get knowledge capitalization
• to develop the company memory towards business

• Organizes the corporate business memory

Corporate Knowledge Management

• Company memory and knowledge capitalization

• Acquisition

• status : distributed unstructured knowledge making difficult a systematic use

• Classification

• data language (common and unifying pivot language)
• ontology of objects, processes, adapted actions
• established from existing practice

• Know-how and experience capitalization

• from bid project managers
• gathered by project groups
• organized by the memory administrator

Conclusion : Business Impact Measures

• Bid efficiency :

• Proposal preparation time : about 10% of average decrease
• Bidding price : about 5% of average decrease

• Bid quality :

• 5% of critical items identified

• Bid resources :

• 5% of reduction of human resources to deliver a proposal

• Company position :

• 5% reduction of the distance of competitive value from competitors

• …..

• (Comparative measurement with and without PRIMA)