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Oracle Smart Construction Platform: for SME

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Oracle Smart Construction Platform: for SME

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https://app.screencast.com/IgxltjQOwh4Q2 Oracle Smart Construction Platform (SCP) integrates trusted applications with a common data environment to help owners and delivery teams collaborate and improve outcomes. It synchronizes activities and resources, connecting teams and empowering proactive decision-making.

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01 SCP Introduction to Smart Construction Platform 3m

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World's leading screen capture + recorder from Snagit + Screencast by Techsmith. Capture, edit and share professional-quality content seamlessly.

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Students will create a project of choice with Oracle Primavera Cloud online project management tutorial.

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Each student will create a project in Oracle Primavera Cloud (OPC) Smart Construction Platform.

OPC Login Details:

Website:

Login:

Password:

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This webinar is part of the IPMA REGistered course. To get your CPD hours and Badges from the IPMA, follow the link and register:

https://myipma.ipma.world/auth/register

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By the end of this lesson, students will be able to develop and implement a risk management framework in project management contexts.

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Students will:
- Define risk and opportunity in project management
- Apply risk identification techniques
- Evaluate risk and opportunity impact and probability
- Develop appropriate response strategies
- Document risks and opportunities using Oracle Primavera Cloud

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Essential Question: 'How do successful project managers turn threats into opportunities?'<br>Facilitate a brief discussion about recent project failures and successes in the news.

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> Case Study 5: Workday Did Not Work for Sacramento Public Schools
California's Sacramento City Unified School District thought they were getting a good deal when they hired software as a service (SaaS) provider Workday and their service partner Sierra-Cedar for a program intended to improve the management of the district's finances, payroll, and human resources. Unfortunately, the school district's high hopes of cutting costs and increasing efficiency in these areas were more than dashed. They were completely destroyed.

> Case Study 4: The $440 Million Software Error at Knight Capital
Knight Capital Group was an American global financial services firm engaging in market making, electronic execution, and institutional sales and trading. It took 17 years of dedicated work to build Knight Capital Group into one of the leading trading houses on Wall Street. And it all nearly ended in less than one hour. What happened to Knight on the morning of August 1, 2012, is every CEO's nightmare: A simple human error, easily spotted with hindsight but nearly impossible to predict in advance, threatened to end the firm.

> Case Study 3: How a Screwed-Up SAP Implementation Almost Brought Down National Grid
The SAP project that was three years in running and marred by delays and budget overruns was scheduled to go live on November 5. Failure to go live meant a delay of another five months, likely another $50 million in additional spending, and a trip back to the Utilities Rate Commission to request approval to pay for the overruns. National Grid had to know they had a bumpy ride coming when they made the decision to go live. What they clearly didn't understand was just how bumpy the ride would be.

> Case Study 2: The Epic Meltdown of TSB Bank
With clients locked out of their bank accounts, mortgage accounts vanishing, small businesses reporting that they could not pay their staff and reports of debit cards ceasing to work, the TSB Bank computer crisis of April 2018 has been one of the worst in recent memory.

> Case Study 1: The £10 Billion IT Disaster at the NHS
The National Program for IT (NPfIT) in the National Health Service (NHS) was the largest public-sector IT program ever attempted in the UK, originally budgeted to cost approximately £6 billion over the lifetime of the major contracts.

To be notified about new Project Failure Case Studies just sign up for my newsletter by clicking here. You will receive a free copy of my Project Success Model ™.

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I research project failures and write case studies about them because it is a great way (for both of us) to learn from others' mistakes. Thi...

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Key concepts: Framework

Identify potential risk management models.

Develop a risk management framework.

Ensure that this framework is applied consistently.

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Group Activity: Risk Identification (25 mins)

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Group Activity: Risk Identification (25 mins)

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Using Padlet's collaboration features, groups will create risk breakdown structures (RBS) for a sample project. Each group posts their RBS and comments on others' work.

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Key concepts: Identify

Name the sources of risks and opportunities.

Identify risks and opportunities.

Record these in the register.

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A11.KCI-2  Identify Risks and Opportunities_241104

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Students work in pairs to create probability-impact matrices for identified risks. Share results through quick presentations.

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Key concepts: Probability and Impact

Carry out a qualitative analysis.

Carry out a quantitative analysis.

Use a risk/opportunity decision tree.

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A11.KCI-3 Assess the Probability and the Impact

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Individual work: Students develop appropriate response strategies for assigned risks/opportunities.

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Key concepts: Response

Explain how you can manage risks and opportunities.

Assess the possible risk responses.

Develop alternatives.

Ensure that the necessary people and resources are available.

Implement and communicate the risk plan.

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A11.KCI-4  Select and Implement Response_241104

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Advanced students can create Monte Carlo simulations using spreadsheet tools to analyze quantitative risk impacts.

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Throughout the lesson:
- Quality of contributions to risk identification
- Accuracy of probability-impact assessments
- Appropriateness of response strategies

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Students will complete a case study analysis identifying risks, opportunities, and developing response strategies. Submit through online platform.

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Free Project Risk Templates | Smartsheet

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Download free project risk templates in Microsoft Excel and Word, Adobe PDF, and Google Docs and Sheets formats.

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Using Padlet's discussion board, students share key takeaways and remaining questions about risk and opportunity management.

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Create a risk register for your project using Oracle Primavera Cloud. Login details are provided in the Workshop & Assessment section. Include at least 5 risks and 2 opportunities.

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Free Risk Register Templates | Smartsheet

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Download free risk register templates in Microsoft Excel and Word, and PDF formats, and find examples of business use cases.

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Complete the self-assessment quiz on risk and opportunity concepts covered in class to achieve you CPDs.

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Research and prepare a 5-minute presentation on a real-world project that failed due to poor risk management. What could have been done differently?

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Students submit responses to:
1. Name three risk identification techniques
2. Describe one opportunity you identified today
3. What aspect of risk management do you want to explore further?

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Key concepts: Monitor

Monitor and manage the risks and opportunities.

Communicate about the risks and opportunities.

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A11.KCI-5 Evaluate and Monitor Risks, Opportunities and Responses_241104