Project Risk Analysis Software and Project Risk Management Software Forum

To analyze multiple scenarios, you must create multiple baselines (scenarios) and save them with their results. Cumulative probability for multiple baselines can be plotted on the same chart. First you need to create at least 2 baselines and save the results with the baseline: for example, pre and p...

Under the End User License Agreement (EULA), you are allowed to transfer your license from one computer to another as long as the software and license have been deleted from the current computer. However, licenses by default have a limited number of activations. If you receive this message, it indic...

The issue is due to non-standard combination of Font and App sized set in the “Ease of Access Display Settings” in Windows.. A combination of the Font size and App sizes are most likely the issue. You may have to modify these settings in order for the dialog box to fit onto your screen as this parti...

Yes. Importing risks from Excel work the same way in RiskyProject Enterprise and RiskyProject not connected to the database. The only difference the imported risks will be saved in ALM file, not in database.

For LOE activities, it only matters if you are running resource loaded to calculate costs. If this is the case, you need to run two simulations: the first to assess the overall duration uncertainty covered by the LOE activity, the second to apply this uncertainty to the LOE task. For example, to cal...

In the example you are talking about, you will see spikes in the results. It is a common and expected results when analyzing using risk events. Let’s take a look at a very simple example of a 5 day activity. Now, we add 1 risk assignment: 50% chance, 50% relative delay. http://www.intaver.com/images...

In general we don't recommend to use split task for probabilistic calculation, because uncertainties can be related to shifts and non-working time. It is hard to model and can cause confusions. Instead we recommend to use multiple tasks.

In RiskyProject 7.1 you can create any view of risk register with any sets of columns and filters. They are essentially dashboards. To create extra view use tabs at the bottom of risk register view.

What are the options for running extremely large program schedules? Our first recommendation would be to question if this is both desirable and feasible. Running simulations of extremely large schedules often generates a lot of “noise”. For example, it is almost impossible to run reliable sensitivit...

Saving of the results is limited to copy and paste. The Schedule Diagnostics dialog box supports standard windows Copy and Paste functionality in the Issues in Tasks and DCMA 14pt schedule inspection panes. Right-click on any item and choose Copy from the shortcut menu To copy multiple items press a...

The latest versions of RiskyProject include a schedule diagnostics capability based on the DCMA 14 pt analysis. To run the schedule diagnostics, on the ribbon click the Schedule tab > Schedule Diagnostics. The diagnostics will run and results are presented. Click on a test in the DCMA 14pt schedule ...

RiskyProject 7.1 is releaed. Here are the new Features of RiskyProject 7.1: 1. Import Schedules from Oracle Primavera XER file : read schedules from Oracle Primavera saved in XER format. Previous versions of RiskyProject were limited to opening P6 schedules that were in MS Project XML or MPX formats...

The software supports both uncertainty (aleatory risk) and events (epistemic risks). Risk events are managed in the Risk workflow and can be assigned with probability and impacts to cost and schedule (fixed or relative). We recommend the use of statistical distributions to model ranges of impacts. W...

Risk assignments are calculated for each activity or resource independently and it is possible to have different probabilities and outcomes for different assignments for the same risk. So you can have the same risk “Weather”, but assign different probability and impacts to different activities based...

For quantitative analysis, we recommend adding probability as a “% “ as it is more accurate. Otherwise, if you use ranges or labels, it takes the middle value of the range for the analysis. For example, if you are using (1,2,3,4,5) as defined in the default matrix, each range represents 20% probabil...