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IQRM Glossary · Quantitative risk management

Safran Risk

Safran Risk is project risk analysis software from Safran Software Solutions. It imports a Primavera P6 or Microsoft Project schedule, applies duration uncertainty, risk events and cost, and runs Monte Carlo simulation to produce P50 and P80 dates and costs, tornado charts and integrated cost and schedule results in one model.

What Safran Risk is used for

  • QSRA: confidence finish dates and schedule contingency.
  • QCRA and integrated analysis: cost loaded onto the schedule, so time-driven costs grow when the schedule slips.
  • Joint Confidence Level: the probability of meeting cost and schedule targets together.
  • Pre- and post-mitigation runs: the value of each mitigation in weeks and money.

Features practitioners rely on

FeatureWhy it matters
Risk register linked to the scheduleEach risk is mapped to the activities it affects, with probability and impact ranges
CorrelationStops the model treating related activities as independent and understating risk
Calendar and weather riskModels seasonal limits such as GCC summer working restrictions or marine weather windows
Probabilistic branchingRepresents outcomes such as a failed test leading to rework
Criticality and sensitivity outputsShows which paths and risks drive the finish date

Safran Risk and Primavera Risk Analysis

Primavera Risk Analysis (formerly Pertmaster) was the standard QSRA tool for many years, and many models still run in it. Teams choosing a tool today often pick Safran Risk for its integrated cost and schedule handling and its correlation features. The method is the same in both; the quality of the schedule and the inputs matters more than the tool.

A typical QSRA workflow in Safran Risk

  1. Import and check

    Import the P6 XER, then fix logic, constraints and open ends.

  2. Apply uncertainty

    Add three-point duration ranges and calendar risk.

  3. Map risks

    Link register risks to activities and set correlation.

  4. Simulate and report

    Run the simulation, read the S-curve and tornado, and test mitigations.

Common mistakes

  • Learning the buttons, not the method. A clean-looking model on a weak schedule still gives the wrong P80.
  • Skipping correlation. The default of independent activities narrows the S-curve.
  • Importing without a health check. Constraints and lags carried over from P6 distort the results.

Related terms

Frequently asked questions

What is Safran Risk used for?
It is used for quantitative schedule and cost risk analysis: Monte Carlo simulation of a project schedule and estimate to produce confidence dates, costs, contingency and risk drivers.
Is Safran Risk better than Primavera Risk Analysis?
Both run the same Monte Carlo method. Safran Risk is often chosen for integrated cost and schedule analysis and correlation handling; the quality of the inputs matters more than the tool.
Can Safran Risk import Primavera P6 schedules?
Yes. It imports P6 XER files and Microsoft Project schedules, and the schedule should be checked for logic and constraint problems after import.

Learn to build and defend these models

The QRM Professional Programme teaches QSRA, QCRA and Monte Carlo simulation on real project models in Safran Risk and Primavera Risk Analysis. CPD certified, UK and GCC.

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