RiskyProject Lite 5.0
Monte Carlo Schedule Risk Analysis Software
RiskyProject allows project managers to perform project planning, scheduling, quantitative risk analysis, and performance measurement of projects with multiple risks and uncertainties.
RiskyProject Lite is designed for project managers without advanced knowledge of risk analysis theory. With it, you can create a project schedule or use project schedule from Microsoft® Project, Oracle® Primavera, or other project management applications. Once you have your schedule, just define your risks using risk register and calculate the schedule to determine your risk profile.
RiskyProject Lite is
- Integrated Monte Carlo risk analysis for Microsoft® Project
- Integration with Oracle® Primavera and other project management software
- Replacement for Risk+
- Multiple statistical distributions for task duration, cost, start time, and lags
- Risk events
- Risk Register
- Risk adjusted project schedule
- Probabilistic resource allocation
- Correlations between task durations and cost; risk event correlation
- Histograms and Cumulative Probability charts for all major project and activity parameters: duration, start time, finish time, and cost
- Tornado diagrams for project and each activity
- Multiple customizable reporting views
- Project tracking with risks and uncertainties
- Easy to use, no programming required!
RiskyProject Professional 5.0
Advanced Project Risk Management and Schedule Risk Analysis Software
Project managers can use RiskyProject for planning, scheduling, quantitative and qualitative risk analysis, and performance measurement of projects with multiple risks and uncertainties. RiskyProject Professional includes all the RiskyProject Lite: Monte Carlo Schedule Risk Analysis capabilities and more:
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Supports the complete project risk management life cycle:
- risk register
- risk ranking
- customizable risk matrix
- risk response and mitigation plans
- risk mitigation waterfall chart
- comprehensive risk properties
- risk status and risk review
- risk history
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Comprehensive quantitative cost and schedule risk analysis:
- conditional and probabilistic branching
- probabilistic cash flow analysis
- cost analysis diagrams
- crucial tasks diagrams
- risk bubble chart
- success rates view
- probabilistic calendar
- Advanced project tracking with risks and uncertainties
- "What if analysis" with risks and uncertainties using multiple baselines.
Seamless Integration with Microsoft® Project
Both RiskyProject Lite and RiskyProject Professional are seamlessly
integrated with Microsoft® Project:
Click here for more information about RiskyProject for Microsoft® Project.
RiskyProject Lite and RiskyProject Professional
RiskyProject professional features advanced risk analysis functionalities: project planning, scheduling, quantitative risk analysis, and project performance measurement. RiskyProject Lite has the same project scheduling and performance measurement functionalities, but it includes only basic quantitative risk analysis functionalities.
| RiskyProject Features | RiskyProject Lite | RiskyProject Professional |
|---|---|---|
| Project Planning and Scheduling | ||
| Work breakdown structure |  |
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| Gantt Chart | |
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| Resource and work management | |
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| Fixed and variable cost management | |
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| Constraints and deadlines | |
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| Multiple baselines | |
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| Multiple project, task, and resource calendars | |
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| Risk Management | ||
| Risk Register (risks and issues, threats and opportunities, open and close risks, risk properties, risk probabilities, impacts, and scores, search and filter risks based risk properties) | |
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| Schedule and non-schedule risks (schedule, cost, safety, quality, environment, technology, legal, etc.) | |
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| Customizable risk categories and outcomes | |
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| Easily assign risks to tasks or resources | |
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| Risk correlations | |
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| Risk templates (standard risk templates are included) | |
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| Types of Uncertainty | ||
| Risk events for tasks and resources (fixed or relative delay, fixed of relative cost increase, Task restart, End task, Cancel task, etc.) | |
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| Multiple statistical distributions for task duration, cost, income start time, and lags (Uniform, Triangular, Normal, Lognormal, Exponential, Rayleigh, Gumbel, Beta, BetaPert, Discrete, Custom, and others) | In MS Project Add-in | |
| Conditional branching (If-Then-Else analysis) | |
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| Probabilistic branching | |
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| Probabilistic calendar | |
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| Probabilistic moment of risk | |
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| Quantitative Risk Analysis | ||
| Monte Carlo Simulations | |
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| Global risks (for all tasks or resources) | |
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| Local risks (for selected task or resource) | |
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| Event Chain Methodology support | |
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| Cost analysis with risks and uncertainties | |
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| Simulations until convergence | |
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| Analysis of success rate using project and task deadlines | |
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| Risk analysis for product lifecycle management | |
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| Sensitivity analysis (analysis how uncertainties affect project duration, cost, finish time, and success rate) | In MS Project Add-in | |
| Analysis of risk mitigation using multiple baselines | |
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| Reporting Tools | ||
| Customizable histograms and cumulative probability plots for task or project duration, start and finish times, cost, work, resource allocation, income and revenue | In MS Project Add-in | |
| Project information views (view original project parameters and results of simulation) | |
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| Result Gantt view (compare original project schedule with results of analysis) | |
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| Optimistic and pessimistic project schedules | |
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| Customizable risk matrix: Risk probability vs. impact | |
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| Risk report view | |
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| Cash flow view | |
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| Critical risks | |
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| Crucial task view | |
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| Risk mitigation (“waterfall”) diagrams | |
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| Success rate view | |
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| Risk Chart view (task risk vs. task duration/cost chart) | |
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| Integration with other project management tools | ||
| RiskyProject Add-in for Microsoft® Project | |
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| Integration with Oracle® Primavera | |
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| Other Project Management Software: Safran Project, Project KickStart, FastTrack, WBS Chart Pro, PERT Chart Expert, and other project management software. | |
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| Tracking | ||
| Forecasting of duration of incomplete tasks with risks and uncertainties | |
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| Project tracking views | |
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| Software Help and Support | ||
| Free unlimited customer support via email | |
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| Online help and tutorial | |
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* third-party software should be purchased separately
