Version 4

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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Intaver Support
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Version 4

Post by Intaver Support » Tue Apr 06, 2010 10:25 am

A new version 4 will be released later this month.
This thread will highlight the new features and improvements of the software that will be included in both the standalone and enterprise version. For information on features specific to the enterprise version, please see the topic: http://www.intaver.com/phpBB2/viewtopic.php?t=458

Thank you

Michael Trumper
Business Development Manager
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com

Intaver Support
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New or improved risk management features

Post by Intaver Support » Tue Apr 06, 2010 10:51 am

This is a general list of new or improved risk management features that will be included with version 4:
Risk Property Form: ease entry and management of key risk data. This data includes Name, ID, Description, Cause, Effect, Objective, Start and End dates, Risk ownership, Risk Handling options, integration of risk mitigation cost calculation with risk waterfall chart.
Risk History: Records all changes to risk over time
Risk Mitigation Waterfall chart: captures total cost of all planned mitigation activities, migitation activities can be linked to mitigation plans entered in Mitigation view.
Qualitative and Quantitative risk analysis
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com

Intaver Support
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Risk assessment

Post by Intaver Support » Tue Apr 06, 2010 10:54 am

Version 4 will support both quantitative and qualitative analysis. If no schedule or activites are associated with a project, then by default a qualitative risk assessment which uses risk matrix labels can be used.

Risk events with distribution and High, Low, and Base outcomes (impacts) will be included. Mutually exclusive alternatives will also still be available for users who want to develop custom input distributions.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com

Intaver Support
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MS Project 2010 support

Post by Intaver Support » Tue Apr 06, 2010 10:59 am

We will continue our close integration with MS Project with support for the 2010 version. This integration includes supporting the ribbon interface in the latest Project.

We will continue to support earlier Project versions 2003, 2007
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com

Intaver Support
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New Risk Form

Post by Intaver Support » Wed Apr 14, 2010 9:26 am

The new risk form is designed for easy input and tracking of risk data.
Properties that can be entered or generated are Risk ID, Risk Description, Objective, Assumptions, Owner, Manager, Dates of Exposure, Management Strategy and Cost of Mitigation.

The form also includes a calculation that using inputs from the form and risk mitigation waterfall chart will calculate cost of mitigation, total expected risk exposure (cost of risk mitigation + remaining exposure) and expected savings from risk mitigation planning.


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Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com

SantosB
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Risk Form

Post by SantosB » Wed Apr 14, 2010 9:31 am

Read that you would have new version and am looking to have something to track risk info.

Looking at the form you have, what information is required? Can the defaults be changed. That is can required information be changed depending on needs?

thanks

Intaver Support
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Risk Form data

Post by Intaver Support » Wed Apr 14, 2010 9:33 am

Hi,

The risk form currently only requires a risk name. Automatic generation of risk ID can be turned on in the user options.

Currently we have not put in a mechanism to modify default required values, but it will be something that we would definitely consider.

Intaver Support
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com

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