Sensitivity analysis shows which variables have the potential to have the most affect upon the main project parameters. RiskyProject performs calculation for the sensitivity analysis as a part for any probabilistic calculation. Result of sensitivity analysis is presented as a Sensitivity Chart in the Sensitivity View Located on the left of the RiskyProject workspace, the Workflow bar allows you to quickly select and open Views. The order of the views in the workflow bar reflects the recommended project risk management workflow. The Workflow bar can be turned on and off from within the Options dialog box (view tab) or the View menu. In addition,the Workflow bar can be turned off by clicking the X in the title bar (top of workflow bar)..
If task An activity or job which has a start date and time, an end date and time, a duration, and other properties. A Project is comprised of tasks. A is shown at the top of the sensitivity chart when Duration Duration: The total span of working time required completing task or whole project. Task duration can be input in months, weeks, days, hours, and minutes, as it is specified in Options dialog box (Duration tab). Internally duration is calculated in hours. Duration is calculated using current calendar., this indicates that the project duration is very sensitive to the uncertainties in the task A’s duration.
Notes:
RiskyProject identifies risks based on their unique name. For example, if the risk A stochastic event that can be applied to tasks or resources and affects project schedules. Risks are defined by name, chance of occurrence, outcome, and time of occurrence. Risk can be global (for all tasks or resources in project) and local (for particular task or resource in project). Global risks can be added using the Risk View. Local risks can be added using the Task Information dialog box or the Resource Budgetary Problems is assigned to different tasks, it will be considered as one risk for the purpose of sensitivity analysis. RiskyProject will calculate the overall affect of this risk on the main project parameters. If you select only risks that are input variables, you will see critical risks or risks that have the most affect on the project schedule the timing and sequence of task within a project. A schedule contains tasks with dependencies, as well as other project information. and therefore should be mitigated first. In the example above, Critical Risks start with Difficulties obtaining comprehensive information.
If an input variable is not seen in the list, it means that it does not or has an insignificant affect on project parameters.
See also
Overview of RiskyProject Workflow