Fotolia 133395505 S Sashkin

Missing definitions and standards are one reason for the lack of project risk management in small and medium sized enterprises (SME). This challenge is addressed in PRiMa-Q by developing and implementing an open-source tool for the quantitative management of project-related risks. The developed pre-competitive demonstrator will support SMEs to automatically identify and easily understand the impact of project risks during the project planning process and to review the economic impacts of applied measures, way before the project begins. Moreover, it supports SMEs at managing risks in complex contexts involving multiple projects, shared resources and presence of uncertainties. The project focuses primarily on the mechanical engineering sector as well as on IT development in Belgium and Germany.

Funding Body
AiF- Cornet
Project Holder
IPT – Fraunhofer Institut für Produktionstechnologie,
CETIC - Centre d’Excellence en Technologies de l’Information et de la Communication
01.01.2017 – 31.12.2018
Project Website