Tornado Diagram

General discussion and questions about project risk management and risk analysis software RiskyProject. Includes discussion on how to perform efficient project risk analysis using our software.

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RiskAnalyst
Posts: 5
Joined: Wed Aug 02, 2006 2:39 pm
Location: San Antonio, TX

Tornado Diagram

Post by RiskAnalyst » Mon Aug 14, 2006 11:35 am

Do you have a tornado diagram in RiskyProject?
Risk Analyst, PMP, M.Sc.

Intaver Support
Posts: 992
Joined: Wed Nov 09, 2005 9:55 am

Post by Intaver Support » Mon Aug 14, 2006 11:36 am

RiskyProject performs sentivity analysis and presents it in the form of tornado diagram.

Sensitivity Analysis shows you the input parameters (task duration, start and finish time, success rate, etc.) that have the most affect on project parameters (total project cost, total duration, project finish time, and success rate). Sensitivity analysis allows you to identify critical risks, which have the potential of significantly affecting your project, and these tasks should be the key focus of your risk mitigation efforts. The results of sensitivity analysis are presented in sensitivity charts.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com

Torelli
Posts: 10
Joined: Fri Aug 04, 2006 7:42 pm

Post by Torelli » Mon Aug 14, 2006 11:37 am

Do you have Tornado Diagram in RiskyProject Lite?

Intaver Support
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Joined: Wed Nov 09, 2005 9:55 am

Post by Intaver Support » Mon Aug 14, 2006 11:41 am

Sensitivity analysis is performed in both RiskyProject Lite and RiskyProject professional. RiskyProject Professional presents results of the analysis as a tornado diagram. RiskyProject Lite presents results of the analysis as three most important (critical) risks and three crucial tasks.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com

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