Calculation of risk outcome

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Jim Doyle
Posts: 1
Joined: Mon Jun 05, 2006 7:43 pm
Location: MI

Calculation of risk outcome

Post by Jim Doyle » Tue Jul 11, 2006 4:52 pm

I'm using RiskyProject for about one year. I have a question about risks:

I have two local risks "20% delay". They occur at the same time. What would be the total delay of the task?

Intaver Support
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Post by Intaver Support » Tue Jul 11, 2006 4:59 pm

Here is how it works:

Assume that task duration is 5 days. Risk A causes 20% delay (1 day) and risk 2 causes 20% delay (1 day). Total delay will be 2 days.

New version of RiskyProject has risk called "Execute mitigation plan". Mitigation plan has own outcome, e.g. delay 20%. If two risks "Execute mitigation plan" occurred at the same time for the same task, task will be delayed only on 20% (not 40%).
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com

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