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: 7
- Joined: Mon Jul 06, 2009 4:48 pm
- Location: Canada
In the project, we cannot use the weather calendars because even though we can’t work those days we still have costs. How would I build the model to have say a 40% probability of a 5 day delay in January but only a 10% probability in February – and how will they interact (obviously a delay in January will affect work in February).
- Posts: 853
- Joined: Wed Nov 09, 2005 9:55 am
Risk assignments are calculated for each activity or resource independently and it is possible to have different probabilities and outcomes for different assignments for the same risk. So you can have the same risk “Weather”, but assign different probability and impacts to different activities based on the calendar days in which they are planned to occur during project execution. In the Drag N Drop view, you can assign different probabilities and impacts to account for the weather delay to tasks based on the dates in which they occur.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject