How is sensitivity calculated?

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Fred45
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Joined: Sat Aug 19, 2006 6:04 am

How is sensitivity calculated?

Postby Fred45 » Mon Apr 03, 2017 9:58 am

What is the formula to calculate sensitivity coefficient and what is the threshold for display tasks of risks with very little sensitivity coefficients?

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

Re: How is sensitivity calculated?

Postby Intaver Support » Mon Apr 03, 2017 10:01 am

RiskyProject uses Spearman rank order correlation coefficient to calculate project parameter’s sensitivity to variance in inputs such as cost or risk events. This formula returns a coefficient that is between -1 and 1. The higher the value the stronger the correlation is between the two variables. Perfect correlation equals 1. Perfect inverse correlation would equal -1.

You can minimize the number of activities or risks in the Sensitivity view by modifying the sensitivity threshold. Any results that have a correlation below the threshold will not be visible. To modify the sensitivity threshold, go to Schedule, Project Options > and modify the value in the Minimum Sensitivity Coefficient box.

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