Intaver Institute News 2019

December 7, 2019
Project Cost Analysis

Intaver Institute published new presentations and videos on project cost analysis. To view how to model project cost risks and uncertainties, as well as how to report results on Monte Carlo project cost analysis please visit our YouTube channel. To view our presentations on project cost analysis as well as other Intaver Institute’s presentations please click here.

November 7, 2019
Book Project Decisions: The Art and Science Second Edition Is Now Available

Project management is the art of making the right decisions. To be effective as a project manager, you must know how to make rational choices in project management, what processes can help you to improve these choices, and what tools are available to help you through the decision-making process. Project Decisions: The Art and Science is an entertaining and easy-to-read guide to a structured project decision analysis process. This valuable text presents the basics of cognitive psychology and quantitative analysis methods to help project managers make better decisions. Examples that portray different projects, real-life stories, and popular culture will help readers acquire the essential knowledge and skills required for effective project decision-making. PLUS – Test your own judgment through a quiz that examines your intuition!

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October 27, 2019
New webinar: RiskyProject 7.1 – new release of risk analysis software

Date: Wednesday, October 30, 2019

Time: 10 am – 11 am MDT

October 21, 2019
New version of RiskyProject 7.1 is now released

RiskyProject 7.1 is a major version release of the entire RiskyProject Software Suite including Professional, Lite, and Enterprise. Version 7.1 includes improved project risk analysis functionalities:

  • uncertainty bands
  • schedule consolidation
  • improved filtering and sorting of the Risk Register
  • incident management in RiskyProject Enterprise
  • scenario analysis using multiple cumulative probability plots
  • project schedule diagnostics and DCMA 14 points schedule inspection
  • improved integration with Oracle Primavera
  • analysis of critical tasks
  • improved integration with Microsoft Excel
  • improved usability and other functionalities

For more information about RiskyProject 7.1 please click here or see our presentation. Please click here to view our press release.

September 5, 2019
New Intaver Institute Partner: GleeYM

Intaver Institute is pleased to announce our new partner GleeYM Inc located North York, Ontario.  GleeYM provides a broad range of project risk management services headed by Yasir Masood who has over 20 years of experience in project risk management. These services include: developing project risk management plans and facilitating project risk workshops: performing qualitative and quantitative risk analysis for cost and schedule using Monte Carlo simulations, integrating of project risk management and earned value; and, developing cybersecurity systems for digital risk management.

August 7, 2019
Intaver Institute on NASA Cost and Schedule Symposium







Intaver Institute will present its project risk analysis methodology on 2019 NASA Cost and Schedule Symposium. The event is scheduled for August 13-15 in Houston, TX. The symposium is organized by NASA Strategic Investments Division. Each year the NASA HQ OCFO Strategic Investments Division sponsors the NASA Cost and Schedule Symposium, bringing together the entire estimating and analysis community at NASA. The NASA cost, schedule, and EVM communities include all Centers as well as HQ and represent essential functions to the agency. Speakers and presenters at the Symposium are given the opportunity to demonstrate and share their work with colleagues and professionals from NASA, NASA Contractors, other US Government Agencies, and many NASA partners such as Universities or National Laboratories. The NASA Cost and Schedule Symposium is a chance for everyone in the community to exchange ideas, best practices, methodologies, and lessons learned.

July 2, 2019
Risk Analysis of Linear Projects 

In linear projects activities are associated with certain locations. They are usually construction projects, such as building and roads where each activities have location attributes in addition to duration, start and finish times, cost, resources and other attributes of traditional project schedules. Time location charts are a way of visualizing project schedules with linear locations on the horizontal axis, and dates on the vertical axis.

Time location charts could be presented for original project schedule and risks-adjusted project schedule. Risk adjusted project schedule is a result of project risk analysis. Comparing risk adjusted project schedule and original project schedule helps to determine how risks would affect your project.

Results of project risk analysis performed in RiskyProject can be presented using Turbo-Chart software by Linear Project Software. Please review our presentation how integrated RiskyProject – Turbo-Chart solution would help to analyze and visualize your linear schedule.

June 24, 2019
New Webinar: How to Perform Risk Analysis on Agile Projects

Intaver Institute announced new webinar “How to perform risk analysis on Agile projects”. Agile is the most popular management process in different industries including development and delivery of software systems. This popularity is due to Agile’s ability to effectively manage the risks and uncertainties that are inherent in delivering complex projects. However, managers still need to provide estimates for cost and schedule to deliver system capabilities that account for risk and uncertainties. Ownership and management groups require these estimates as the basis of investment decisions and contract management. In this webinar, we will show how conventional quantitative project risk analysis on schedule and cost can be adapted to the Agile methodology to improve estimates and avoid either overruns or under delivery of system capabilities.

Click here to preview webinar


June 10, 2019
RiskyProject Software at AACEI 2019

Intaver Institute will present its project risk analysis and risks management software RiskyProject at 2019 AACE International Conference & Expo. The conference will take place June 16-19 in Sheraton New Orleans, New Orleans, LA, USA. AACE International (Association for the Advancement of Cost Engineering) focuses on improvements of  cost and schedule performance across the entire life cycle of your assets, programs, and projects. AACE International provides technical guidance, educational products, events and eight professional certifications.

April 20, 2019
New Article: Portfolio Risk Analysis

Intaver Institute published new article “Portfolio Risk Analysis”. Projects can part of a larger portfolio in which projects are strategically selected and managed. Project portfolios can share common risks, mitigation and response plans, and resources. Conversely, these same projects exposure to these same risks can vary and have different scores for the same risks. One the key goals of project portfolio management is to align and prioritize projects based upon the organizations objectives. Part of this process takes place using an enterprise risk register that contains all the risks the organization faces. Risks from this risk register can be assigned to different projects, and in turn, to each projects tasks and resources. Click here to download the paper in PDF format.

April 18, 2019
RiskyProject software at ICEAA Professional Development and Training Workshop

Intaver Institute Inc. will present its RiskyProject project risk management and risk analysis software at International Cost Estimating and Analysis Association (ICEAA) workshop. The workshop will take place at Marriott Waterside Hotel & Marina from May 14 to May 17, 2019. ICEAA’s annual Professional Development & Training Workshop brings together professionals from government, industry and academic cost communities for an intensive 3 1/2-day program dedicated to developing the understanding and appreciation of using data-driven estimating and analysis techniques. For more information about workshop please click here.

April 4, 2019
Intaver Institite on 2019 SRA Fifth World Congress on Risk

Intaver Institute Inc. will present project risk analysis methodology on SRA Fifth World Congress on Risk in Cape Town, South Africa, May 6-8, 2019. TheFifth World Congress on Risk will focus on “Development and Resilience” and includes papers and discussions on risk assessment, risk characterization, risk perception, risk communication, risk management, risk governance, etc. Established in 1980, the Society for Risk Analysis (SRA) is a multidisciplinary, interdisciplinary, scholarly, international society that provides an open forum for all those who are interested in risk analysis. Risk analysis is broadly defined to include risk assessment, risk characterization, risk communication, risk management, and policy relating to risk, in the context of risks of concern to individuals, to public- and private-sector organizations, and to society at a local, regional, national, or global level.

March 22, 2019
New Webinar: Smart Monte Carlo: Five simple tricks to make your analysis more accurate and efficient

Intaver Institite announced new webinar “Smart Monte Carlo: 5 simple tricks to make your analysis more accurate and efficient”. Critical decisions may depend on results on project risks analysis. Moreover, performing schedule risk analysis can require a lot of additional time and resources. Therefore you need to ensure that results of your analysis are accurate and that you can perform it efficiently. In this webinar learn how to:

– optimize your schedule for project risk analysis
– configure simulations to improve accuracy and performance
– simplify reporting of results of project risk analysis
– define risks and uncertainties and assignment them to project results
– manage uncertainties in resources and work

Click here for webinar preview

February 5, 2019
Intaver Institute Announced 2019 Events

In 2019 Intaver Institute will present its RiskyProject project risk analysis and risk management software at a number of events. Among them ICEAA 2019 Professional Development and Training Workshop in Tampa, Florida, 2019 AACE International Conference & Expo in Sheraton New Orleans, Louisiana, Society of Risk Analysis (SRA) Fifth World Congress on Risk in Cape Town, South Africa, and others. For full list of events please click here.

January 11, 2019
Intaver Institute on Construction CPM Conference

Intaver Institute will present its RiskyProject risk risk analysis and project management software on Construction CPM conference on January 20-23 in Sheraton San Diego Resort and Marina. Intaver Institute experts will make two presentations:

  • Overview of RiskyProject Software – On Tuesday January 22, 2:00 p.m. – 3:15 p.m.
  • Theory of Monte Carlo Schedule Risk Analysis – On Wednesday January 23, 11:00 a.m. – 12:15 p.m.

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