Defining Event Chain

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Interstate
Posts: 13
Joined: Mon Mar 06, 2006 6:08 pm

Defining Event Chain

Post by Interstate » Sun Sep 29, 2013 4:04 pm

I have RiskyProject 5.0.7.1. I think it is a latest version. I have three risks:
- Bad weather: it triggers
- Equipment delivery: it triggers
- Construction delay
How can I define this chain in RiskyProject?

Intaver Support
Posts: 847
Joined: Wed Nov 09, 2005 9:55 am

Re: Defining Event Chain

Post by Intaver Support » Sun Sep 29, 2013 4:15 pm

For quantitative analysis:
- go to any risk view (Global Risks, Local Risks for Tasks, Local Risks for Resources) or risk tabs of Task Information dialog or Resource Information dialog
- double click on risk assignment
- go to Correlation tab
- select risk, correlated with current risk
This way you can create a chain

For qualitative analysis
- go to Risk Form (double click on Risk in Risk Register)
- select trigger risk
This way the chain will not be used in Monte Calro schedule analysis.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com

Tomico
Posts: 48
Joined: Thu May 18, 2006 5:02 pm
Location: Naples, FL

Re: Defining Event Chain

Post by Tomico » Wed Nov 06, 2013 6:00 pm

If I assign the same risk to different tasks or resources, are these assignments correlated?

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

Re: Defining Event Chain

Post by Intaver Support » Wed Nov 06, 2013 6:01 pm

Yes. These assignment are correlated which each other.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com

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

Re: Defining Event Chain

Post by Intaver Support » Fri Apr 24, 2015 4:32 pm

In recent version 6.1 we added extra option to correlate risk assignment:

http://www.intaver.com/images/RP_RiskAssign.png
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com

AlanZT
Posts: 3
Joined: Mon Nov 19, 2007 10:00 am
Location: Manchester, UK

Re: Defining Event Chain

Post by AlanZT » Fri Jul 10, 2015 10:06 am

If have the same risk assigned to different tasks in RiskyProject, are these assignments corrected to each other or not?
Project Manager, PMP

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

Re: Defining Event Chain

Post by Intaver Support » Fri Jul 10, 2015 10:11 am

Risk assignments are corrected to each other by default. However you may change it by going to Schedule->Project Options->Risk tab. There is a check box there, where you can disable default correlation of risk assignments. In this case risks assigned to different tasks will occur at different moments.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com

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