Best way to modify risks assigned to individual task?

General discussion and questions about project risk management and risk analysis software RiskyProject. Includes discussion on how to perform efficient project risk analysis using our software.

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RiskGuru
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Joined: Sat Nov 26, 2005 9:27 pm
Location: Toronto, ON

Best way to modify risks assigned to individual task?

Post by RiskGuru » Tue Dec 01, 2015 11:39 am

HI, we used the drag and drop to mass assign risks to tasks, but now would like fine tune some of the risk impacts for cost. What is the best way to do this?

Intaver Support
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Joined: Wed Nov 09, 2005 9:55 am

Re: Best way to modify risks assigned to individual task?

Post by Intaver Support » Tue Dec 01, 2015 11:42 am

The Drag N”Drop view is a quick way to assign risks to multiple activities, but as you have found you have to apply the same probabilities and impacts to all of the task. So in cases, such as when you want to keep the same probability (which makes sense) but different levels of impacts to improve the validity of your monte carlo risk analysis, then you may want to look at a few methods.

First, if you open a risk in the Risk Register, in the Assign to tasks or Resources tab, you can modify the risk assignments for each task.

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Alternatively, if you would like to modify them not by risk, but by activity, if you select a task and open the Task Information >Risk. You can edit the risk information for that task.

Finally, you can use one of the Local Risk views (Task or Resources) . These views can be used to add or modify risk assignments for tasks or resources. If you select a single task, it will show the risks only for that specific task. However if you select 2 or more tasks, it applies Boolean logic and will show risks that are common to all of the selected tasks.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com

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