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Authors: Christophe Ponsard 1 ; Dimitri Durieux 2 ; Renaud De Landtsheer 1 ; Gustavo Ospina 1 ; Fabian Germeau 1 ; Jan Bitter 3 ; Lana Plumanns 3 ; Matthias Storr 3 ; Rene Vossen 3 ; Hendrik Mende 4 and Robert H. Schmitt 5

Affiliations: 1 CETIC, Belgium ; 2 CETIC Research Centre, Belgium ; 3 Institute for Management Cybernetics (IfU), Germany ; 4 Fraunhofer Institute for Production Technology (IPT), Germany ; 5 Laboratory for Machine Tools and Production Engineering (WZL) of RWTH Aachen University, Germany

Abstract: Projects may face several problems that can cause failures, delays or budget overruns. Such problems are not restricted to SMEs but they can be very harmful or even fatal for SMEs due to their limited size, maturity or resources. PRIMa-Q aims at helping SMEs to better manage such risks in complex digitalisation contexts including Industry 4.0. Through an agile approach directly involving companies from the manufacturing and IT sectors, the project is developing practical methods and tool support to help SMEs identifying the occurrences of risks, quantifying them and anticipating their consequences as much as possible. It is able to deal with complex contexts involving multiple projects, shared resources and presence of uncertainty through the combined use of data analytics and optimization techniques. Finally, interfaces and guidelines for integration within the existing company environment are also provided.

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Paper citation in several formats:
Ponsard, C.; Durieux, D.; De Landtsheer, R.; Ospina, G.; Germeau, F.; Bitter, J.; Plumanns, L.; Storr, M.; Vossen, R.; Mende, H. and Schmitt, R. (2017). PRIMa-Q - Towards a More Quantitative Approach in Project Risk Management by SMEs. In Challenges and Opportunities in ICT Research Projects - EPS Madrid 2017; ISBN 978-989-758-309-4, SciTePress, pages 22-34. DOI: 10.5220/0007904800220034

@conference{eps madrid 201717,
author={Christophe Ponsard. and Dimitri Durieux. and Renaud {De Landtsheer}. and Gustavo Ospina. and Fabian Germeau. and Jan Bitter. and Lana Plumanns. and Matthias Storr. and Rene Vossen. and Hendrik Mende. and Robert H. Schmitt.},
title={PRIMa-Q - Towards a More Quantitative Approach in Project Risk Management by SMEs},
booktitle={Challenges and Opportunities in ICT Research Projects - EPS Madrid 2017},
year={2017},
pages={22-34},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007904800220034},
isbn={978-989-758-309-4},
}

TY - CONF

JO - Challenges and Opportunities in ICT Research Projects - EPS Madrid 2017
TI - PRIMa-Q - Towards a More Quantitative Approach in Project Risk Management by SMEs
SN - 978-989-758-309-4
AU - Ponsard, C.
AU - Durieux, D.
AU - De Landtsheer, R.
AU - Ospina, G.
AU - Germeau, F.
AU - Bitter, J.
AU - Plumanns, L.
AU - Storr, M.
AU - Vossen, R.
AU - Mende, H.
AU - Schmitt, R.
PY - 2017
SP - 22
EP - 34
DO - 10.5220/0007904800220034
PB - SciTePress

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