RiskyProject 8 is a major software release. It includes multiple improvements for both its project risk management and risk analysis capabilities.
New features of RiskyProject Version 8
User Interface Improvements
This latest version features a major overhaul of the user interface, providing a modernized experience for users. Menus and dialog boxes have been updated to enhance navigation and overall usability. Additionally, the improved responsiveness ensures that controls, views, and reports automatically resize, making the software more practical and accessible across various display resolutions and scales.
AI Driven Risk Identification
RiskyProject version 8 introduces a Risk Identification Tool that enables automatic generation of a Risk Register for specific projects using AI technology. Risks can be efficiently assigned to tasks, complete with their associated probabilities and impacts. After initial identification, users have the flexibility to update risks and modify their properties as needed to reflect changes throughout the project lifecycle.
Integrated Options and Preferences
Options and preferences related to schedule, calculation, risks and incidents, and calendars are now integrated into one centralized system. The interface is designed in an Office 365 style, making it intuitive and consistent for users familiar with modern productivity tools.
Export and Import Center
Risks with their probabilities and impacts can be imported directly from Excel spreadsheets and automatically assigned to relevant tasks. This integration facilitates a seamless transfer of critical risk data into the project management environment.
Low and High Cost Results Charts
Low and High Cost Results Charts present presents low and high results of Monte Carlo simulation in the Cost Analysis chart.
Enhanced Schedule Diagnostics
Schedule diagnostics have seen significant improvements, including enhancements to the DCMA 14-point schedule inspection. These upgrades provide better diagnostic performance and allow for greater customization of tests, supporting more thorough project schedule analysis. The diagnostics now includes Schedule Health Meter.
Baseline Management Enhancements
The user interface for setting and managing project baselines has been redesigned for greater ease of use and intuitiveness, allowing users to establish and track baselines more effectively.
Excel Integration for Risk Assignment
Risks with their probabilities and impacts can be imported directly from Excel spreadsheets and automatically assigned to relevant tasks. This integration facilitates a seamless transfer of critical risk data into the project management environment.
Performance Improvements
Both Monte Carlo simulation and data import from other scheduling software now operate at increased speeds, contributing to more efficient project risk analysis and data management.
Mitigation Plan Management
Mitigation planning tools, including Mitigation Waterfall diagrams, have been updated to further improve usability. These enhancements support more effective planning and management of risk mitigation strategies.
Improved Project Control and Forecasting
RiskyProject version 8 incorporates a new Bayesian algorithm for project control, enabling forecasting of project duration for partially completed projects based on original estimates and current performance. This feature is only available in special edition of RiskyProject Professional.