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: 15
- Joined: Mon Jul 09, 2007 6:54 am
Does RiskyProject support multiple triggers for the same risk?
Construction Engineer, PMP
- Posts: 814
- Joined: Wed Nov 09, 2005 9:55 am
RiskyProject does not have multiple triggers for one risks as part of Qualitative risk analysis. Only one trigger can be applied for the risk. Triggers for qualitative risk analysis are defined using Risk Form:
- Go to Risky Register or Risk Property View
- double click on Risk ID
- Go to Property tab
- Select trigger from risk grip down list; this list will show all risks in the risk register.
This trigger does not affect results of quantitative risk analysis. In quantitative risk analysis you can define risk correlation. If define that one risk is correlated with another risk, they will occur at the same time. It is not exactly trigger, because if one risk occur it does not automatically change probability of another risk.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
- Posts: 15
- Joined: Tue Jan 15, 2008 4:33 am
- Location: UK
I tried new version of RiskyProject 7, but it still does not have multiple triggers per one risk. I think it will be useful. I recommend to create a diagram, which shows relationship between risks.