Project Risk Analysis Software and Project Risk Management Software Forum

You cannot double click on file name with extension ALM to execute RiskyProject or RiskyProject Lite. This feature will be implemented in new release of RiskyProject

Probabilistic branching allows the project to branch from one task to another task or group of tasks as part of the simulation process. For example, depending on results of project elaboration, there is a 40% chance that one project alternative will be selected and a 60% chance that another project ...

Monitoring the activity's progress ensures that updated information is used to perform the analysis. During the course of the project, the probability and time of the events can be recalculated based on actual data. Quantitative analysis can be performed again and a new project schedule and cost wil...

You can copy from any RiskyProject datasheet to Excel. In order to it just select rows or columns you want to copy to clipboard and then click to Copy under Edit menu. You can use also Copy command of popup menu.

Then you can paste the data to Excel.

Ken, Using risk correlation you can define risks which may occur with the selected risk. These risks can be assign to different task in resources. For example, risk "Delay in main component delivery" can occur together with risk "Delay in additional component delivery", because both risk are caused ...

There two ways, how to assign risks to task and resources. a. You can defined risks to each task in Task Information Dialog or for each resource in Resource Information Dialog. To do it just double click on task or resource ID. Then go to Risks tab. You can enter risks with their properties in this ...

You can go to http://www.intaver.com/riskyproject_decisionpro.html or http://www.intaver.com/downloads/RiskyP ... ionPro.pdf.

RiskyProject allows you to perform project scheduling while taking into account risk and uncertainties. If a project has uncertain task durations or costs, selecting viable project alternatives can become increasingly complex. RiskyProject and DecisionPro solve this problem by generating a decision ...

RiskyProject includes project decision analysis functionalities. You can create project schedule, which contains different project scenarios. You can assign fixed of variable costs to task and resources. The project schedule can be converted to the decision tree. Decision tree analysis will present ...

One small comment. If you want to generate decision tree based on project schedule, make sure that you have clearly defined project alternatives or scenarios. RiskyProject can convert any schedules to decision tree, however decision tree analysis make sense only if you want to select viable project ...

No,

Project decision analysis is supported by RiskyProject professional only.

You need to have DecisionPro from Vanguard Software Corporation (see www.vanguardsw.com). Intaver Institute is Vanguard reseller. You can purchase DecisionPro from Intaver Institute or directly from Vanguard. In addition to decision tree analysis DecisionPro also includes Monte Carlo simulations, Ma...

RiskyProject converts the project schedule into a decision tree. Each activity within the project schedule becomes a node of the decision tree. If an activity has more than one successor, you can define it as a decision node, end node, or event chance node of the decision tree. If the activity is de...

Interface with other project management software is the same for Lite and Professional versions of RiskyProject.

Basically, RiskyProject Lite does not present statistical distribution. You also cannot define input statistical distributions. We found that many our potential clients have difficulties with distributions. Uncertainties in RiskyProject Lite are defined using ranges of duration, cost, lag, or using ...