Moderator: Intaver Support
A good starting point is to enter a small variance such as .95 and 1.15 to model schedule quality. You can then run a first simulation. At which point, you can review with Project team and stakeholders, to modify tasks that are critical or near critical.
The other method is to use reference classes and is the preferred method in larger more technical projects http://herdingcats.typepad.com/my_weblo ... sting.html. If you are interested, this blog is an invaluable source of information in regards to project risk.
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