Study goals
The objective of this technical report is to demonstrate the implementation of risk management for a highly complex project in the Brazilian electricity market, ranging from the risk identification phase, to the implementation of risk simulation in the project schedule, generating valuable information to be discussed among members of the steering committee, in order to make a decision on the necessary risk response plans within the project, taking into account the costs necessary for implementing effective responses that keep the project objectives in the established order
Relevance / originality
The regulatory reference point of the Brazilian electricity market contains specificities that demand investments in complex projects, investors from all over the world who wish to be concessionaires of transmission lines and electric substations, need to be attentive to the demands of the various actors involved in the implementation of large projects, in line with the corporate strategy the management of the project implementation requires constant monitoring of the project's risks, with the objective of maintaining the organizational direction permanently aware of the threats and opportunities that can reach the success of the project
Methodology / approach
This technical report was written based on the experience in the project management work, which consisted of the following steps: Validation of project schedule / consistency consistency, team involvement in project objectives, identification of project risks, establishment of parameters for the relationship risks versus project activities / deliverables, construction of the project risks and objectives interaction simulator, continuous monitoring of the impacts and probabilities of risks associated with the project, periodic communication of simulation results for debate and managerial attention
Main results
project team involvement in the identification and establishment of project risk parameters, construction of a project risk visibility tool, construction of a simulator with realistic parameters on the variations that the project is subject to, process automation, improvement of the communication process , strategic contract management
Theoretical / methodological contributions
Risk management through the PDCA cycle, construction of tools and establishment of calculation parameters based on the experience of specialists in the most diverse areas of implementation of complex projects, conversion of the deterministic view into a probabilistic view of the project planning, increasing the possibilities of analysis and responses about the challenges presented
Social / management contributions
Increased interfaces and improved communications within the project, response planning, planning validation making the process more robust and efficient, Constant monitoring of project risks, frequency of reporting anticipating management actions, automation of risk management processes