Project Risk Analysis With Monte Carlo Simulations

  • Project Planning
  • Risk Register
  • Quantitative Risk Analysis
  • Integration with Microsoft Project, Oracle Primavera, and other software

Here are some of RiskyProject clients:

System Requirements:

  • Windows XP or higher
  • 128 MB RAM or more
  • 20 MB hard drive space
  • monitor resolution 800x600
  • .NET Framework 2.0 or higher
  • CD-ROM drive

RiskyProject Professional Resources:

RiskyProject Professional 4.2

Advanced Project Management Software with Risk Register and Monte Carlo Analysis



Project managers can use RiskyProject for planning, scheduling, quantitative and qualitative risk analysis, and performance measurement of projects with multiple risks and uncertainties.

RiskyProject allows managers to improve their ability to predict the course of projects and determine how risks and uncertainties will affect the project schedule. With RiskyProject, you can optimize the course of your project: track project performance and risk together and analyze the affect of your mitigation efforts. It will help increase the chance that your project will be on time and on budget.



RiskyProject Lite 4.2

Project Management Software with Risk Register and Monte Carlo Analysis



RiskyProject Lite is project management software with integrated risk analysis. RiskyProject allows project managers to perform project planning, scheduling, quantitative risk analysis, and performance measurement of projects with multiple risks and uncertainties.

RiskyProject Lite is designed for project managers without advanced knowledge of risk analysis theory. With it, you can create a project schedule or use project schedule from Microsoft® Project, Oracle® Primavera, or other project management applications. Once you have your schedule, just define your risks using risk register and calculate the schedule to determine your risk profile. RiskyProject Lite will determine how risks and uncertainties will affect project schedule.

Seamless Integration with Microsoft® Project

Both RiskyProject Lite and RiskyProject Professional are seamlessly
integrated with Microsoft® Project:

Click here for more information about RiskyProject for Microsoft® Project.

RiskyProject Lite and RiskyProject Professional

RiskyProject professional features advanced risk analysis functionalities: project planning, scheduling, quantitative risk analysis, and project performance measurement. RiskyProject Lite has the same project scheduling and performance measurement functionalities, but it includes only basic quantitative risk analysis functionalities.

RiskyProject Features RiskyProject Lite RiskyProject Professional
Scheduling engine (Gantt chart, resources, costs)
Integration with Microsoft® Project, Oracle Primavera, and other project management software*
Risk Register: threat, opportunities, and issues; easily assign risks to task and resources
Customizable risk categories: schedule, cost, safety, environment, quality, technology and others
Managing uncertainties in task duration, start and finish times, costs, income, work and resources
Monte Carlo simulation engine
Simulation Results Gantt chart
Risk Matrix: probability vs. outcomes
Project Dashboard 3x3 view: simple way to see main project parameters, three crucial tasks, and three critical risks
Correlations of risk events
Optimistic and pessimistic project schedule
Tracking project with uncertainties
Project and task deadlines
Export data and charts to various formats, including Microsoft® Office*
Multiple statistical distributions for duration, start and finish times and costs.
Probabilistic calendars
Project Summary View with simulation results
Simulation results for each task with charts and full statistical reports
Sensitivity analysis view: tornado chart to view critical project parameters
Managing mitigation plans using multiple baselines; pre- and post- mitigation probabilities, impacts, and scores
Risk "Waterfall" diagrams
Risk Analysis for product life cycle management
Tracking Gantt chart
Success Rate Gantt chart
Crucial Task Gantt chart
Risk Chart view (task duration/cost vs. risk)
Probabilistic and conditional branching
Risk templates

* third-party software should be purchased separately

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