Managing LOE Tasks

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Jason
Posts: 29
Joined: Wed Nov 09, 2005 10:46 pm

Managing LOE Tasks

Post by Jason » Mon Dec 02, 2019 3:39 pm

Is there any way to handle Hammock activity in Riskyproject?
Jason

Intaver Support
Posts: 853
Joined: Wed Nov 09, 2005 9:55 am

Re: Managing LOE Tasks

Post by Intaver Support » Mon Dec 02, 2019 3:40 pm

For LOE activities, it only matters if you are running resource loaded to calculate costs. If this is the case, you need to run two simulations: the first to assess the overall duration uncertainty covered by the LOE activity, the second to apply this uncertainty to the LOE task.

For example, to calculate the uncertainty for a Project Management LOE task, run one simulation to calculate the Project duration uncertainty. For example, if a 100 day project has an expected duration of 90 (Minimum) to 125 (Maximum), I would add an uncertainty coefficients of .9 – 1.25 to the PM LOE task. We have found this generally works quite well.
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