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: 48
- Joined: Thu May 18, 2006 5:02 pm
- Location: Naples, FL
Is there any way to specify that risks which are mitigated 100% by the mitigation plan should not be used in the calculation?
- Posts: 876
- Joined: Wed Nov 09, 2005 9:55 am
If risks are 100% mitigated, then they are no longer active and can be closed. To close a risk, open the Risk Register, select the risk and double-click on the Risk ID (far left column).
In the Risk Information
dialog box > Properties
> click the Closed
You can also sent probability the risk equals 0. It can be reflected in Risk waterfall chart of Risk Information
dialog box: risk probability after mitigation can be equal zero.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject