Press Release

For Immediate Release

Intaver Institute Inc. Releases

RiskyProject version 1.3


Calgary, Alberta September 30, 2005 - Intaver Institute, developers of the project risk management software RiskyProject and inventors of the project risk analysis process known as Event Chain Methodology, today announced the release of their latest version of RiskyProject 1.3.

Project managers can use RiskyProject for planning, scheduling, quantitative risk analysis, and performance measurement of projects with multiple risks and uncertainties. RiskyProject allows managers to improve their ability to predict the course of projects and determine how risks and uncertainties will affect the project. It can help increase the chance that project will be on time and on budget. RiskyProject employs patent pending Event Chain Methodology for quantitative risk analysis. Event Chain Methodology is a method of defining and managing uncertainties in different time related business and technological processes.

RiskyProject is a unique tool, which gives you a simple answer on the common questions: What will happen with your project schedule if certain risks occur? What are the critical risks and crucial tasks? What is the success rate of the project? 

RiskyProject is integrated with several market leading project management software including: Microsoft Project, WelcomRisk, MindManager, FastTrack, Project KickStart, TurboProject, and others.

RiskyProject comes in two versions: RiskyProject Professional and RiskyProject Lite. RiskyProject Professional is designed for advanced project planning and scheduling, quantitative risk analysis, project performance measurement. RiskyProject Lite is introductory level project risk management software.

New features of RiskyProject 1.3 include probabilistic and conditional branching, risk chart (duration or cost for the task versus risks), risk correlations, additional statistical distributions, easy-to-use interface to assign risks to tasks and resources. RiskyProject 1.3 supports publishing project schedules on web using Web Project Reporter.


About Intaver Institute


Intaver Institute Inc. is a leading innovator in the field of project management software, offering our clients unique, cost effective software solutions to their project and portfolio management challenges. We are dedicated to advancing and adding to our patent pending Event Chain Methodology. This technology is the foundation of our project management software product RiskyProject: project planning, quantitative risk analysis, and project performance measurement tool. Intaver Institute Inc. was founded in 2002 by respected technology executives, mathematicians, economists, and computer scientists. Intaver is a privately held company and headquartered in Calgary, Alberta, Canada.



303, 6707, Elbow Drive S.W.

Calgary, Alberta, T2VOE5, Canada


Tel:  +1(403) 692-2252

Fax: +1(403) 259-4533