SDPM integrates project scope, schedule, resources and risk information for effective project management and decision making. It has a long history of successful implementation in small and large scale projects in Russia. SDPM is based on the use of a set of indicators that measure project performance and reliably forecast project outcome. This methodology is currently supported by proven software tools that are capable of supplying the project management team with the following information:

1.      During the project planning stage:

a.       Project target dates, costs and material requirements that reflect a user defined probability of success,

b.      The probability of achieving project or phase goals (scope, time, cost, and material requirements) for user specified dates and costs,

c.       Time, cost and material contingency reserves that should be assigned to support achieving project goals with a specified or implied probability.

2.      During execution and control:

a.       The current probability of achieving various project goals,

b.      Success probability trends that can be used for determining necessary corrective actions (it is worth mentioning that these trends depend not only on project performance but also on changes of project risk characteristics),

c.       Current contingency reserves.

SDPM is based on project risk simulation and so there is a need to collect information (probabilistic estimates of project activity costs, durations, and the probability, cost, and time impact or identifiable potential risk events) necessary for simulation of risk events and uncertainty.