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.
Moderator: Intaver Support
- Posts: 11
- Joined: Fri Jan 25, 2008 2:10 pm
- Location: Harrisonburg, VA, USA
Can I assign risk event to lag? How to assign statistical distribution to lag?
G.K.Jun, program manager, Harrisonburg, VA, USA
- Posts: 879
- Joined: Wed Nov 09, 2005 9:55 am
You cannot assign a risk directly to a lag however, you can assign a statistical distribution to lag between predecessor and successor. This uncertainty in the duration of the lag is then accounted for during the Monte Carlo simulation.
To assign uncertainty to lags, open the Task Information dialog box and click the Predecessors tab. Here you can set lags. By default it is zero, but you can assign Low, Base, and High estimates for the lag If you enter low and high estimates, you must also select a distribution type.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject