Project Risk Analysis Software and Project Risk Management Software Forum

Weather calendars are specifically designed to model known ranges of weather-related non-working days during the execution of a project. The main effect of using weather calendars when also performing cost analysis of time dependent cost analysis using resource rates is that even though there is a w...

Tasks can be identified with 6 different icons: summary tasks, summary tasks with constraints, subtasks, subtasks with constraints, subtask with notes, and subtasks with notes and constraints. These icons definitions can be viewed in the Legends pane, which can be enabled in the Tools tab, View grou...

In our methodology, cost contingency is calculated as the difference between the base estimate and a calculated percentile that is calculated from the simulation. This is referred to as “risk adjusted” cost contigency. A very common value used is P80 which means that 8 out of 10 times the cost of th...

In new RiskyProject 7.1 which suppose to be released very shortly we significantly improved sorting capabilities.

Yes you can, but a risk template will overwrite all information in a risk register. Therefore, it is better to think of how risk templates differ from risk registers. Risk templates are lists of risks with risk assignments. Assignments are composed of Type, Chance, Outcome Type, Outcome, and statist...

This is a question we do get from people who have sat in on our webinars or read some of our blog posts as they seem to describe the same thing, but they do describe slightly different types of risk. Residual risk is the risk that will still remain after risk management activities or plans have been...

In order to implement Latin Hypercube all samples for all distributions must be generated in advanced, before Monte Carlo simulations of the schedule. In includes distributions for task durations, cost, work, lags, etc. It can be done using multiple processing cores with some limitation. However it ...

Risk factors are way to assign uncertainties due to specific sources. Normally uncertainties are assigned to schedule or costs using three point estimates (low, most likely, and high). These uncertainties represent aleatory risk: uncertainties due to natural variance that cannot be managed. However,...

If you have not yet imported the risk template into the project, if you load a risk template into a the Risk tab of the Task Information dialog box, the risks will be automatically added to the risk register. To load a risk template into Task Information > Risk tab, click Load Risk Template. http://...

Yes. Both Asta PowerProject and RiskyProject support MSP xml. Therefore you can save your PowerProject file in one of these formats and import into RiskyProject using the File>Import> <file type> command.

Risk Templates are only available for quantitative risk analysis. In effect, you cannot import or create a risk template unless you have project schedule (in this case means at least one activity). A risk template is a list of risks with probability and impacts, which can then be assigned to project...

Intaver recently analyzed RiskyProject performance for different number of processing cores. If RiskyProject performance for one processing core is A, performance for 2 cores will be 1.2A, for 4 processing cores will be 1.8A. When you check CPU usage in Task Manager in Windows during RiskyProject Mo...

In general, Weather calendar is much easier to use if you deal with just weather and have reliable historical data about non working days from previous years. However it could be a number of other reasons why you may have not-working days and different shifts. One of such reason is moving your stuff...

RiskyProject provides an easy to use mapping process to link Excel spreadsheet data to risk properties in the RiskyProject Risk Register You can import the complete risk register from Microsoft Excel. To do so, you need to map Excel fields to RiskyProject fields. 1. Add, delete, or modify the defaul...

To import mitigation plans or actions for risks from and Excel sheet you must designate a property as mitigation activity. You can do this in the Default Risk Properties dialog box when you create a new property. http://www.intaver.com/images/RP_Forum_MitActivity.png When you import risks from the E...