This forum includes discussion about project risk analysis and risk management theory: Monte Carlo simulations, Event Chain Methodology, schedule and cost risk analysis. Please submit questions and case studies about your experience with our project risk analysis software.
Moderator: Intaver Support
- Posts: 51
- Joined: Wed Nov 09, 2005 9:47 am
- Location: California
What is the difference between assigning risks to resources rather than activities?
Ken the PM
- Posts: 826
- Joined: Wed Nov 09, 2005 9:55 am
Risks sometimes associated with specific project resources that are assigned to specific resources. It is possible to assign the risk to all of the activities to which a resource is assigned. However, if you have a risk to a specific resource, for example, the rate, you can quickly assign this cost risk to your project by assigning it to the resource. This risk will then impact all of the activities to which this resource is assigned. Therefore, by assigning a risk to a resource, you can quickly and easily “broadcast” this resource risk to all of it the activities it will impact.
In this example, the risk (uncertainty) of the Drilling Crew’s rate will impact all of the activities to which the Drilling Crew is assigned
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject