This forum includes discussion about project risk analysis and risk management theory: Monte Carlo simulations, Event Chain Methodology, schedule and cost risk analysis. Please submit questions and case studies about your experience with our project risk analysis software.
Moderator: Intaver Support
- Posts: 5
- Joined: Sat May 06, 2006 12:14 am
- Location: Germany
I have a uniform distribution from 5 days to 10 days. The base duration is 7 days. What does the base duration mean for uniform distribution?
- Posts: 844
- Joined: Wed Nov 09, 2005 9:55 am
In case of uniform distribution, based duration will not be used for probabilistic calculation. It is used for deterministic calculation only. The same is true for most other distributions, such as normal, discrete and custom. Based duration will be used for Triangular distribution only.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject