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Maximum Project Duration
Posted: Thu Jan 05, 2017 11:33 am
What is the maximum project duration in RiskyProject Settings? How does it affect calculations?
Re: Maximum Project Duration
Posted: Thu Jan 05, 2017 11:35 am
Maximum project durations are set in the Project Settings dialog box. By default the maximum is set to 50 years. If the project duration exceeds the maximum duration, that is from the start date in any simulation it exceeds the maximum duration the project is cancelled for the particular iteration. This affects the overall success rate of the project.
In the example below, the maximum project duration has been set to 1 year. The project has a base duration of 200 working days, but could be as high as 300. Because of the uncertainties, the project is likely to exceed the maximum project duration on the majority of the iterations as the success rate is only 21%. That is, the project exceeds the 1 year maximum in 79% of the iterations.