Case Study

@RISK Creates Dramatic Savings for New Nuclear Plant Construction – Palisade

@RISK Creates Dramatic Savings for New Nuclear Plant Construction – Palisade

Pages 7 Pages

Customers & Industries: Carnegie Mellon Univeristy / Pittsburgh Technical Industry: Utilities, Construction Product(s): @RISK Application: Mitigating project schedule and cost overrun risk Summary A US-based nuclear power company decided to implement an advanced risk management program after signing engineering, procurement, and construction (EPC) contracts for three power plants with expected project costs of over $30 billion. Since implementing @RISK into their project management, the nuclear power company has reduced cost overruns by roughly 80% relative to the historical trend. @RISK Home Customers & Industries Carnegie Mellon Univeristy / Pittsburgh Technical While we still have cost overruns, it’s nothing like what we had before. I think it’s very important for decision-makers to rea

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