Risk Assessment Tool

Module 3

24. Jänner 2011

V12

Project Risk Assessment (PRA) / Experiences

1. Presentation of the tool o Introduction - Goal & Use o Theory - Technical issues & Structure

2. Practice on a case study

3. Discussion of Results and Lessons Learnto Experiences in AT – Assessment results & Analysiso Survey about investigated voucherso Some lessons learnt

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Use of the PRA tool

GoalTo quickly map the RE service project risks

When ?As soon as you have been selected by the SME

How ? By e-mail and return, then apply the diagonalisation mask to focus the purpose of the innovation voucher expertise

What for ? To ease the preparation of an expertise offer / to detect the risks addressed by the innovation vouchers

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KIS-PIMS have designed a questionnaire to make a first assessment of the key risks.

Theory of the PRA tool

Value proposition

Partnership Relationship

Costs Revenues

ActivitiesCapabilities Channels Customers

Relying on the systematic representation of business models by Osterwalder - Ondrus - Pigneur (2004),

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Technical issues of the PRA tool

Excel-based tool

Use of Macro functiono Enable the macros

Tools/Options…/Security/Security of the macros/Medium

Modify “Send to” functiono Remove the sheet protection

Tools/Protection/Remove the sheet protectionPassword = PRA

o Click on right button / modify hyperlinkinsert new e-mail address

o Lock the sheetTools/Protection/Protect the sheet with password “PRA”

Do not forget to save before closing the file

Structure of the PRA tool

1st 2nd

Structure of the PRA tool3rd 4th

5th 6th

Practical Example

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Results and Lessons Learnt

V19

PRA results - Experiences in AT (1)

Resulting innovation voucher is mainly dedica-ted to techno-economical aspects.o Economic model for affordable building equipment and services for Energy

Plus houses.

PRA results - Experiences in AT (2)

Resulting 3 innovation vouchers are mainly dedicated to business aspects.o Economic model on enabling service in three case studies for integrating

RE technologies in industrial processes.

PRA results - Experiences in AT (3)

Resulting innovation voucher is mainly dedica-ted to techno-economical aspects.o Development of an easy-to use calculation tool for determining the economic

efficiency of new or extending district heating applications.

PRA results - Experiences in AT (4)

Resulting innovation voucher is mainly dedica-ted to business aspectso Modular PV-hybrid AC-systems for LED-street-lightning system and facade

integrated LED for illumination.

The risk appraisal is in line with the risk perception of innovation vouchers. Perception gaps on…

o IPR - yields to the recommendation to check existence of patents regarding public lighting systems.

o Competition and the market size - need to be further investigated in order to figure out the real potential and the associated needed resources .

Snap shot - Experiences in AT (4)

The self-appraisal of risks allows to…

o Highlighting particularities supporting SMEs to look „beyond their own nose“ regarding business opportunities.

o Discussing items with experts about the real added value, IPR issues and envisaged customers.

o Getting feedback regarding the definitive scope of innovation vouchers.

Lessons learnt - PRA experiences in AT

Experiences with the Vouchers

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SME External Knowledge

Provider

Agency

LEV offers RTD and add-on service vouchers for SMEs to access to RTD and business expertise.

o 7 SMEs applied to 9 vouchers.o 1 innovation voucher rejected for formal reasons.o 7 innovation vouchers are completed.o 4 of the applied 7 SMEs or 57% could be involved in national

and/or European research projects.

LEV voucher results

National promotion agency FFG runs an “access to RTD” vouchers 5.000 EUR since Nov. 2007

o 24 SMEs have applied to RTD vouchers regarding innovative renewable energy services.

o 4 innovation vouchers have been rejected for formal reasons.o 20 innovation vouchers are completed, and the final reports provided.

13 are approved, and 1 is ex post rejected for formal reasons. 5 innovation vouchers are still pending.

o 6 of the applied 24 SMEs or 25% could be involved in national and/or European research projects.

FFG voucher results

Which service areas are covered?

Science & Technology needso 14 SMEs applied to vouchers small hydro, wind, solar & bio

energy service techniques as well as integration aspects. 75% of analysed cases -> services & technological developments

Skills & Training needso 4 SMEs applied to vouchers dealing with services regarding

know-how transfer and education covering the whole bandwidth.

Business Model & Financing needso 13 SMEs applied to vouchers covering energy economic and

financing services. Half of these SMEs have undertaken particular risk assessments with the corresponding KIS-PIMS tool.

Selected anaylsis results

With respect to the LEV vouchers…o It bridges partly gaps of the FFG scheme regarding

actors and contents.o Training actions for better matching of SME‘s needs.o Further co-operations (of max. 10 innovation

vouchers) with DG-TREN CONCERTO project SOLUTION are foreseen.

Selected anaylsis results

With respect to the FFG RTD vouchers…o Due to budgetary restrictions the number of rejections

seems to grow significantly.o Price per effort is at the boarder line of being

attractive for innovation centres. o The opening towards private innovation centres is

contradicted by restrictions mentioned above.o Real personal costs seem to be ignored.

What are the lessons learnt?

Innovation vouchers in the given form are mainly attractive for start-ups / single innovators respec-tively for granting thesis.

Beside formal aspects the evaluation depends on the degree of innovation charged by expert opinion communicated to rejected proposers.

There are few interrelations to follow-up actions for the time being.