Tornado Diagram
Moderator: Intaver Support
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- Posts: 5
- Joined: Wed Aug 02, 2006 2:39 pm
- Location: San Antonio, TX
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- Posts: 1018
- Joined: Wed Nov 09, 2005 9:55 am
RiskyProject performs sentivity analysis and presents it in the form of tornado diagram.
Sensitivity Analysis shows you the input parameters (task duration, start and finish time, success rate, etc.) that have the most affect on project parameters (total project cost, total duration, project finish time, and success rate). Sensitivity analysis allows you to identify critical risks, which have the potential of significantly affecting your project, and these tasks should be the key focus of your risk mitigation efforts. The results of sensitivity analysis are presented in sensitivity charts.
Sensitivity Analysis shows you the input parameters (task duration, start and finish time, success rate, etc.) that have the most affect on project parameters (total project cost, total duration, project finish time, and success rate). Sensitivity analysis allows you to identify critical risks, which have the potential of significantly affecting your project, and these tasks should be the key focus of your risk mitigation efforts. The results of sensitivity analysis are presented in sensitivity charts.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com
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- Posts: 1018
- Joined: Wed Nov 09, 2005 9:55 am
Sensitivity analysis is performed in both RiskyProject Lite and RiskyProject professional. RiskyProject Professional presents results of the analysis as a tornado diagram. RiskyProject Lite presents results of the analysis as three most important (critical) risks and three crucial tasks.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com