Professional version only

Joint Confidence Level Plot

Joint Confidence Level Plot also known as a Bull’s Eye, Football, or Cost vs. Duration chart, shows a comparison of the Total Project Cost vs. Total Project Duration or Finish Time for each iteration of the simulation and is part of the Project Summary.

Scatter plot can be used for individual tasks. It will show correlation between tasks duration and project duration, as well as between task cost and project cost. For more information about scatter plot for individual tasks please read Viewing sensitivity analysis for each task

The plot project cost vs. project duration includes four quadrants:

1. Left-Top: % of simulations in which project meets schedule but is over budget
2. Left-Bottom: % of simulations in which project meets both budget and schedule
3. Right-Top: % of simulations in which project are over budget and schedule
4. Right-Bottom: % of simulations in which project meets budge but is over schedule

The plot also present frontier lines or lines where Cost and Duration (Finish Time) combination meets certain predefined targets. You can define many frontier lines with different targets.

To view the Scatter Plot: Project Cost vs. Duration:

1. Make sure that your schedule has both uncertainties in duration and cost
2. Run a Monte Carlo simulation.
3. Click the Analysis tab. On the Project Summary view, click Cost vs. Duration scatter Plot. The scatter plot opens.
4. Select type of the plot you want to view:
• Project Cost vs. Project Duration, or
• Project Cost vs. Project Finish Time
5. Define frontier line settings: chance that both cost and schedule are met and color of each frontier line. You can also add a description of each line. To hide one or many frontier lines right click on frontier line ID and select Delete. After you updated frontier line settings click Refresh Chart.

See also

Viewing sensitivity analysis for each task

Project Summary View