This forum focus on project portfolio risk management theory and RiskyProject Enterprise software. Submit any questions about enterprise risk management, and qualitative / quantitative risk analysis for multiple projects. This forum also includes discussions about project risk analysis on the enterprise level.
Moderator: Intaver Support
- Posts: 5
- Joined: Sat May 06, 2006 12:14 am
- Location: Germany
I performed Monte Carlo simulations of project schedule and saved results in the database. Do you save distributions for project duration, finish time, and cost or you save distributions for individual tasks as well?
- Posts: 856
- Joined: Wed Nov 09, 2005 9:55 am
We save statistical distributions for project parameters, such as project duration, cost, and finish times in RiskyProject Enterprise database. In fact we save all samples for project duration, cost, and finish times for each iterations of Monte Carlo simulation. Based on these samples we generate statistical distribution which are displayed when you double click on Gantt bar in project portfolio view.
We also save tasks durations, costs, work, start and finish times for each iterations of Monte Carlo simulations. However these information is used only for interface with other project scheduling and portfolio management software. When you perform Monte Carlo simulations, save a schedule and open it again, you would need to perform Monte Carlo simulations again to see results for individual tasks.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject