News

August 15, 2017

New Intaver Institute’s Canadian Office

MacleodTrailOffice1Intaver Institute inc. has moved to new office in Calgary, Canada. We are growing and we are needed larger and newer office space. Our office is now located at 400, 7015, Macleod Trail S.W., Calgary, AB, T2H 2K6. Our main phone number remains the same: 1(403)692-2252. Our new office is conveniently located on one of the central Calgary roads Macleod Trail near Chinook Center and Chinook LRT station, only 10 minutes from downtown Calgary. It has easy access to Calgary International Airport and different Calgary’s business parks. Click here and see our location on the map. The move to new location would help us to serve all our clients and in particular our Calgary clients better. Intaver Institute US headquarters remain at the same location in Naples, Florida.

July 19, 2017
RiskyProject documentation online

RiskyProject 7 manuals is now available online. RiskyProject comes with even user manuals:

The last three guides are for enterprise version only. RiskyProject user guides are installed together with RiskyProject Professional, RiskyProject Lite, or RiskyProject Risk Register. However you can order RiskyProject documentation and CD to be shipped to you by UPS.

July 9, 2017
RiskyProject Tutorial

RiskyProjectTutorialPlayListIntaver Institute published new tutorial for RiskyProject 7. It is available on Intaver Institite web site, as well as on YouTube. Our YouTube channel has now two playlists: RiskyProject risk management and risk analysis software tutorial, which includes RiskyProject Professional and RiskyProject Lite and RiskyProject Enterprise tutorial, which includes RiskyProject Enterprise and Risk Register module. You can watch each video separately or complete tutorial as a playlist.  Total number of videos for both playlists are 34 and includes 20 videos for RiskyProject tutorial and 14 videos for RiskyProject Enterprise tutorial. Intaver Institute welcomes feedback on new tutorial videos.

July 4, 2017
New book “Project Value at Risk”

Project Value at RiskNicki Kons, one of Intaver Institute consulting partners published new book “PVaR – Project Value at Risk“. PVaR is a new indicator for connecting risks to the most important questions in project management: when will the project be completed and at what cost? It is based on the widely accepted VaR financial indicator. PVaR will change how you think about project management and about risks. The book introduces the amazing progress and mini revolutions currently taking place in risk management and shows how project management and organizations could gain from it all. The book includes practical questionnaires and examples that will add value to your current project management practices. Will project management become more quantitative? Stay the same? Change completely? The insights in PVaR highlight the path ahead for project management.

June 16, 2017
New webinar: New RiskyProject version 7

Intaver Institute Inc. announces new webinar. This webinar will cover the new features in RiskyProject 7:

  • Overview of the new Risk Register module
  • Using new risk reports associated with risk matrix
  • Improved risk register: east way to define risk probabilities, impacts and other risk properties
  • Using wizard to import risk registers from Microsoft Excel
  • Working with Microsoft Project Server
  • How to use new Weather calendar
  • Improved interactive histograms and charts: from frequency and cumulative probability plots to joint confidence level chart
  • Project schedule diagnostics for Microsoft Project: check quality of your original schedule in Microsoft Project
  • Organizational breakdown structure (Enterprise version only)
  • … and more

Date:  Tuesday, July 11, 2017
Time:  10:00 AM – 11:00 AM MST
Click here to register for the webinar.

June 10, 2017
New major release RiskyProject 7 is now available

RiskyProject7RiskyProject 7 is a major version release of the entire RiskyProject Software Suite including Professional, Lite, Enterprise and feature the introduction of RiskyProject Risk Register. Version 7 boasts of an improved risk register, new reports and charts, and a many other new features:

RiskyProject Risk Register is a lightweight tool to view and modify the risk register in RiskyProject Enterprise. It includes the following views and reports. RiskyProject Risk Register is designed for projects that do not require quantitative project risk analysis, but do require the risk assessment and control for qualitative risk management.

  • New Risk Reports integrated with the Risk Matrix
  • Improved Risk Register
  • Import Risk Registers from Microsoft Excel
  • Improved Integration with Microsoft Project Server
  • Weather Calendar
  • Improved Histograms and Charts
  • Improved histograms and charts include joint Confidence Level charts, frequency and cumulative probability plots, and scatter plots.
  • Actual Risk Scores on Waterfall Charts
  • Project Schedule Diagnostics for Microsoft Project
  • Importing Resource-leveled Schedules
  • Improved Customization of the Risk Matrix
  • Improved User Interface, including new project risk score meters, new project dashboard views, revised grid controls, and new calendar controls.
  • Notification System for RiskyProject Enterprise: You can configure emails to be sent to users to notify them about the status of risks or changes in their properties, as well as incoming risk reviews
  • Support of Organizational Breakdown Structure
  • … and more

All our clients who purchased RiskyProject after June 1, 2016 or on a maintenance plan can upgrade your RiskyProject version free of charge. Otherwise you may purchase an upgrade.

To learn more about RiskyProject 7 please view new RiskyProject tutorial.

May 24, 2017
New Intaver Institute Consulting Partner

AC Engenharia e Consultoria is a Project Management consulting company focused on risk management, planning, and cost control. Our professionals years of experience working in CAPEX (greenfield and brownfield) projects in Oil&Gas, Energy, Civil Construction, IT and Mining industries. AC Engenharia e Consultoria’s risk oriented work results in successful outcomes by achieving scope, schedule, budget and quality through project management best practices. AC Engenharia e Consultoria is located in Brazil.

May 22, 2017
New book “Further Advances in Project Management: Guided Exploration in Unfamiliar Landscapes”

FutureAdvancementsInProjectManagementBook “Further Advances in Project Management: Guided Exploration in Unfamiliar Landscapes” edited by Darren Dalcher includes topics on people, communication, ethics, change management, value realization, benefits, complexity, decision-making, project assurance, communication, knowledge management, big data, project requirements, business architecture, stakeholder engagement, strategy, users, systems thinking and resilience. The main aims of the collection are to reflect on the state of practice within the discipline and to propose new extensions and additions to good practice.
Intaver Institute principals wrote one chapter of this book “Memory and Project Mental Errors”.

April 25, 2017
Yuri Raydugin is new Intaver Institute’s consulting partner.

BookRiskAndUncertaintiesYuri Raydugin has become Intaver Institute’s consulting partner. Yuri Raydugin, P.Eng., M.B.A. is an experienced risk management professional who developed and implemented successful risk management systems for several major oil & gas companies and dozens mega and major capital projects in North America, Middle East and Asia. He runs risk management of projects applying a variety of proven deterministic and probabilistic methods. Full and efficient engagement of project teams is a cornerstone of his risk management approach. Dr. Raydugin is an author of several publications on risk management including a best selling book Project Risk Management: Essential Methods for Project Teams and Decision Makers (2013), Hoboken, NJ: John Wiley & Sons. He is a member of Association of Professional Engineers and Geoscientists of Alberta (APEGA), Canada, and Saudi Council of Engineers (SCE), Saudi Arabia. Yuri is also an editor for Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management.

April 16, 2017
Book “Project Risk Analysis Made Ridiculously Simple” is now available on Google Books

BookRiskAnalysis“Project Risk Analysis Made Ridiculously Simple” written by Intaver Institute’s staff members is now available on Google Books. If you use or planning to use RiskyProject this book can become a starting point to learn project risk analysis and risk management. The book shows in details how to perform schedule and cost analysis of projects and portfolios. Many examples in this book in done using RiskyProject software. Google version on the book includes table of content and few first chapters. Here are the main section of the book:

Project risk management and qualitative risk analysis
Quantitative project risk analysis
Advanced quantitative project risk analysis
Portfolio risk analysis

The aim of the book is to provide a practical overview of the project risk management process that covers both theory and practice and would serve as a useful guide to a wide range of readers from students to project risk experts. The book covers all aspects of the project risk management process as covered by more project management organizations including PMI and ISO 31000. It includes interesting discussions of famous historical event from a project risk perspective. In addition, the book will provide practical step by step guides for implementing a project risk management process.

March 30, 2017
Intaver Institute on Risk Governance Forum

DSC05889Intaver Institute presented its methodology and risk analysis software at Policy Forum “Risk Governance for Key Enabling Technologies” organized by Society for Risk Analysis (SRA). The forum was held in Cultural Center Don Orione Artigianelli, in Venice, Italy. The topic of Intaver’s presentation was “Risk Governance Framework for Aerospace and Defence Projects”. The presentation included discussions about Event Chain Methodology as well as project risk analysis and risk management software RiskyProject and their applications in aerospace and defence industry. The SRA Forum “provided discussion of current initiatives that are centered in refining the risk governance of emerging technologies through the integration of traditional risk analytic tools “.The next event organized by SRA are 26th SRA-Europe Annual Conference 19 June – 21 June 2017 in Lisbon, Portugal. practical step by step guides for implementing a project risk management process.

March 17, 2017
New webinar on project risk analysis.

New fee webinar “Step-by-step Schedule Risk Analysis with RiskyProject” is scheduled for Tuesday, March 21, 2017,
10:00 AM – 11:00 AM MST (UTC-07:00).  This this webinar you will learn about few simple steps how to streamline your risk analysis and communicate the results.

February 16, 2017
Intaver Institute announces a new webinar

We  will be providing a free webinar “Introduction to project risk management: Risk Registers and more” on Tuesday May 2nd, 2017 at 10am MST. The webinar will show how participants how to set  up and use risk register to manage the complete risk lifecycle.

In addition, there is also a scheduled webinar “Step-by-step Schedule Risk Analysis with RiskyProject” on Tuesday March 7th, 2017, that will provides an easy to follow process to perform schedule risk analysis.

February 8, 2017
New book “Project Risk Analysis Made Ridiculously Simple” 

Project management is the art of analyzing and managing risks. Without risk, there is little need for project management. Project Risk Analysis Made Ridiculously Simple offers a step-by-step guide on how to perform project risk analysis and risk management for a wide range of readers: students, project schedulers not exposed to project risk analysis before, and to project risk experts. The book is written by Intaver Institute staff members.

With this book, you will learn how to:

  • Identify and manage risks over the course of a project
  • Perform qualitative and quantitative risk analysis
  • Perform project risk analysis using Monte Carlo simulations
  • Use event chain methodology to improve project risk analysis
  • Perform risk analysis of project portfolios.
January 6, 2017
Intaver Institute’s New US Headquarters

img_20161229_172412Intaver Institute Inc. today announced that they have established a new headquarters located in Naples, Florida, USA. The new US location will provide Intaver Institute Inc. a platform to better reach and service both new and existing customers of our project risk management and risk analysis software suite RiskyProject. “Our new location in the US will allow us to provide better service for our US customer base by expanding our software development and customer support operations to include both the Calgary and Naples locations”, said Michael Weiner, President and General Manager of Naples, Florida headquarter of Intaver Institute Inc. “Our new headquarters will be tightly aligned with the needs of key stakeholders and showcase our strategic growth initiatives in the area of project risk management and risk analysis software”.

December 23, 2016
New book: Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management

The Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management, by  Yuri Raydugin (Editor), published by IGI Global is a comprehensive reference source for emerging perspectives on managing risks associated with the execution and development of projects. Intaver Institute staff members contributed two chapters to this book.
Highlighting innovative coverage written by top industry specialists, such as complexity theory, psychological bias and risk management fallacies, probabilistic risk analysis, and various aspects of project decision making, this book is ideally designed for project and risk managers, project engineers, cost estimators, schedulers, safety and environmental protection specialists, corporate planners, financial and insurance specialists, corporate decision makers, as well as academics and lecturers working in the area of project management and students pursing PMP, PMI-RMP, ISO 31000, etc. certification.

December 6, 2016
RiskyProject Integration with CA PPM (CA Clarity PPM)

CA Project and Portfolio Management (CA Clarity PPM) provides the visibility, control, and automation to support today’s most critical business processes, including IT Governance, New Product Development, Risk and Controls Management and Enterprise Program Management (EPM).  RiskyProject/CA PPM solution enables integrated qualitative and quantitative project and portfolio risk management and risk analysis based on CA PPM data. Intaver Institute Inc. using technology and tools offered by its partner IT-ROI Solutions implements custom integration between RiskyProject/CA PPM.  RiskyProject can read project and portfolio schedules as well as risks with their properties from CA PPM. Using this information RiskyProject generates risk adjusted project schedules, rank projects based on risks and uncertainties within a portfolio, select critical risks and perform risk mitigation planning.

December 3, 2016
New Intaver Institute’s website

Intaver Institute just unveiled new look of company’s web site www.intaver.com. Its responsive design allows the web site to be viewed on different mobile platforms including smart phones and tables. We also include more information about our RiskyProject software,  our risk analysis and risk management methodology and our consulting and training services.

September 16, 2016
New Intaver Institute’s partner: Almagesto

Almagesto offers whole solutions designed to achieve customer satisfaction in business plan design and improving economic and personal growth of your company. ALMAGESTO is a Professional Group with wide expertise in methodological approaches such as those established by the PMI® and IPMA®, risk specialists PMI-RMP® and professionals in Scrum Master® certified. ALMAGESTO provides a support in the implementation methodologies for managing Portfolios, Programs and Projects (PPPM). Almagesto is located in Bogota, Columbia and will resell RiskyProject in Latin America.

September 2, 2016
2M-PMC is new Intaver Institute’s value added reseller

2M-PMC is an advanced, multi-disciplined Management Consultancy, providing Strategic Planning, Business Development, Project Management and Risk Management, with the experience and expertise to ensure that strategic plans are achievable, business cases robust and projects are delivered to ensure maximum value for the business. 2M-PMC is located in Tyne and Wear, UK.

July 25, 2016
New RiskyProject value added reseller

Intaver Institute is excited to welcome Don Shannon, the Contract Coach, as a new value added reseller of the RiskyProject line of project risk analysis and management software. Mr. Shannon is highly respected management consultant and specializes in the area of contract management. He is a current Fellow of the National Contract Management Association, and is certified as a DML by the Society of Logistics Engineers, and as a PMP the Program Management Institute. In addition to acting as a reseller of RiskyProject, the Contract Coach offers management consulting services in manufacturing and service industries for contract and program management.

June 9, 2016
Intaver Institute announced two new webinars

Intaver Institute announced two new webinars. The first webinar titled ‘Sensitivity analysis: Prioritizing Risks and Activities’ is focused to performing ‘ sensitivity analysis in RiskyProject. This webinar will be held Tuesday, July 12, 2016 at 10 a.m. MST. The second webinar ‘Using RiskyProject as a Risk Register’ will help you to learn how to perform basic qualitative risk analysis and risk management in RiskyProject. This webinar will be held Tuesday, Sept 13, 2016 at 10 a.m. MST.

May 20, 2016
Two new RiskyProject software resellers in Brazil

Two software resellers from Brazil OSB Software and MCB Solution have became Intaver Institute’s partners. They added Intaver’s RiskyProject project risk management and risk analysis software suite including RiskyProject Enterprise, RiskyProject Professional and RiskyProject Lite to their product line.

May 16, 2016
Intaver Institute and Stottler Henke Associates Developed Integrated Project Scheduling and Risk Management Solution

Intaver Institute Inc. and Stottler Henke Associates, Inc today announced that they have developed integration between Stottler Henke’s advanced intelligent scheduling and critical chain software Aurora and Intaver’s risk analysis and management software RiskyProject.

The Aurora-RiskyProject solution allows users to integrate their critical chain schedule analysis with project risk analysis and management. This will help industries solve their complex scheduling and risk management challenges. Many industries such as aerospace, defence, and pharmaceuticals have faced with extremely complex projects that require an advanced scheduling and risk analysis and management capabilities. This solution will allow the users to integrate the results of their risk analysis directly into Aurora’s scheduling engine, as well as perform risk analysis based on schedules created in Aurora.

For more information please read our press release.

May 4, 2016
New Intaver Institute’s consulting partner

Nicki Kons of Atrisks has become new Intaver Institute’s consulting partner. Atrisks offers risk and EVM consultancy services, which incorporate quantitative and qualitative techniques. Nicki Kons is the author of PVaR™: Project Value at Risk. Nicki is an Industrial Engineer, with an MBA and an MA. Nicki is PMI-PMP (Project Management Professional), PMI-RMP (Risk Management Professional) and GARP-ERP (Energy Risk Professional) certified. She is a multi-disciplinarian expert who incorporates engineering, IT, business & finance and political science concepts into a strong coherent message of risk management excellence. Nicki believes the only way to keep on top of risks is by pushing our own limits of risk understanding, time and time again. Atrisks provides advanced risk identification and EVM services to the following sectors: High-Tec, defense, utility, IT, medical device and banking sectors.

April 11, 2016
Two new articles on Risk Engineering and Project Management

Intaver Institute has published two new articles Risk Engineering and How to Process Project Information. Risk management when viewed from a very high level is really about asking three key questions: what could happen, what would be the impact if it did happen, and what can we do about it? Risk engineering is managing risks in such a way that that you can deliver project value with the least amount of risk. Once you understand this key concept, you can then use risk engineering to understand the causes of the risk and the best approach to minimizing its impact on your key project objectives.

The second article “How to Process Project Information” discusses the nature of information, how it is produced and how we interpret it through our own personal motivations and biases. When managing projects we are constantly inundated with complex and often conflicting information. Much of this information is created or delivered in a manner to persuade you to take certain actions. This article goes over some of the methods that are used to manipulate certain well know human cognitive biases and how to recognize them. Further, it outlines strategies that you can use to counteract this flood of information to ensure you have the clear understanding of your project.

March 24, 2016
CorProfit is a new reseller of RiskyProject

CorProfit has become new value added reseller of RiskyProject software. CorProfit provides management consulting, business development, market research, and professional training. CorProfit’s dedicated team helps you develop business plan and strategy, understand customers, define brand, create powerful marketing solutions and improve processes. CorProfit is headquartered in Dubai, UAE.

March 6, 2016
New webinar “Mastering risk analysis with RiskyProject”

Please joint us for webinar “Mastering risk analysis with RiskyProject” on March 8, 2016. The standards for effective planning and management of projects are increasingly adopting Monte Carlo project risk analysis as an essential tool in an environment that is characterized by increased complexity and lowered risk tolerance. This webinar will show you a step by step process how to:

– Import project plans from other scheduling software
– Add uncertainty and risk events
– Understand how to analyse the results
– Generate key project risk analysis reports

February 29, 2016
Intaver Institute will present paper on International Conference on Project Management and Scheduling

Intaver Institute will present paper “Project Schedule Risk Analysis with Events and Event Chains” on PMS 2016 – the 15th International Conference on Project Management and Scheduling. PMS 2016 will take place in Valencia, Spain, from April 19th until April 22nd. It is organized by the Universitat Politècnica de València and by the Universitat de València. PMS is an international conference series devoted to Project Management and Scheduling. It was inaugurated by the European Working Group on Project Management and Scheduling (EURO – EWG Project management and scheduling).

February 17, 2016
Built On Vision is new Intaver Institute’s technology parther

Built On Vision has become Intaver’s new technology partner. “Built On Vision” is a cloud based software suite that provides leading edge project controls tools. “Built On Schedule” allows you to compare multiple schedules instantly so that you can identify trends and analyze issues. “Built on ProductivityTM” works with your ERP or costing system to mine cost and labor data for valuable analysis within your project allowing you to make targeted adjustments. “Built on Forecast” allows you to accurately forecast your project from anywhere while tracking communications about changes in real time and instantly comparing it to prior forecasts. “Built On Balance” gives you the power to leverage Line of Balance and render your schedule into a simple graph that eliminates the need to bring multiple reports into a CPM meeting.

February 9, 2016
Critical Business Analysis, Inc. is Intaver’s new consulting partner

Critical Business Analysis, Inc. has become Intaver’s new consulting partner. For over 30 years, Critical Business Analysis, Inc. has been committed to the advancement of project and program management expertise. CBA’s real-world experience offers a wide-range of professional services in a variety of industries including public agencies, utilities, petrochemicals, corporate engineering, construction management and design. CBA, Inc. has distinguished itself as a leader in Primavera P6 and related software implementation and knowledge transfer. Additionally, CBA provides project team extension through staff augmentation of highly qualified project management professionals. CBA take pride in every service we provide, knowing that even small enhancements can achieve great results.

January 6, 2015
Intaver Institute scheduled two new webinars

Intaver Institute Inc. scheduled two free webinars.

Webinar “Mastering risk analysis with RiskyProject” will be held Tuesday, March 8 2016. The standards for effective planning and management of projects are increasingly adopting Monte Carlo project risk analysis as an essential tool in an environment that is characterized by increased complexity and lowered risk tolerance. This webinar will show you a step by step process how to import project plans from other scheduling software, add uncertainty and risk events, understand how to analyse the results.

Webinar “Integrated project risk analysis” will be held Tuesday, May 3, 2016. Risk in projects can come from two main sources Risk events and uncertainties. Risk events are discrete risks that are commonly captured in risk registers and are characterized by probability and impact. Uncertainties are inherent natural randomness that is found in all processes. Both should be included as part of your project risk analysis model. This webinar will show you how to assign risk events and uncertainties to your activities, how to model risk factors, how to interpret results of analysis with discrete events and uncertainties.

Also we would like to remind you that our next webinar “Cost and Schedule Risk Analysis with RiskyProject” will be held Tuesday, Jan 12, 2016. Please click here to register for this webinar.

January 1, 2016
Proventures is a new reseller of RiskyProject

Proventures Education and Consulting Services has become new value added reseller of RiskyProject software. Here is how Proventures differentiates itself: “We at Proventures has the mandate to work on the threefold objective to empower people, enable them with processes and enhance their effectiveness through various PM tools. We strive to serve our customers with these Key Result Areas (KRAs) with people as the driving parameter to achieve individual excellence and corporate excellence. Demand management offers a unified view of all work in a central location. Its purpose is to quickly help organizations gain visibility into projects and operational activities; standardize and streamline data collection; enhance decision making; and subject initiatives to the appropriate governance controls throughout their life cycles.”

More News Releases:

For 2015 news click here

For 2013-2014 news click here

For 2009-2012 news click here

For news before 2009 click here

Project risk management and project risk analysis newsletters

Intaver Institute publishes its project risk management and project risk analysis newsletter at least every two months. In each newsletter we show tips and tricks how to use RiskyProject software, announce Intaver Institute’s events, offer sales on RiskyProject Professional or RiskyProject Lite software, as well as report other Intaver Institute Inc. news.

To view the newsletter archive please click here.