Search found 1005 matches

by Intaver Support
Fri Sep 06, 2024 2:52 pm
Forum: Project Portfolio Risk Management
Topic: Rate increase risks
Replies: 1
Views: 868

Re: Rate increase risks

From looking at the provided files there are a few issues. First, the Rate Increase risk outcome was assigned to all the resources and globally. This double counts the risk so you must remove the global risk assignment. Second, resources that are Material with a cost /use or Cost Type Resource with ...
by Intaver Support
Fri Sep 06, 2024 2:52 pm
Forum: Project Risk Analysis and Project Risk Management Theory
Topic: Level of Effort Tasks and Cost Risk
Replies: 1
Views: 839

Re: Level of Effort Tasks and Cost Risk

This what is called hammock or level of effort (LOE) tasks and our scheduling engine doesn't support it. The reason is that they cannot be driver of uncertainty in a schedule. For schedule risk analysis, best practice is to remove them before importing into RiskyProject. For cost analysis, if the LO...
by Intaver Support
Fri Sep 06, 2024 2:16 pm
Forum: RiskyProject: Project risk management and risk analysis software
Topic: Trial period expired prior to evaluation
Replies: 1
Views: 920

Re: Trial period expired prior to evaluation

You can request an extended evaluation license. Send the request to sales@intaver.com with the following information which is required to generate the license.
• Full name
• Company
• Address
• Phone number
• Email
by Intaver Support
Sat Jul 27, 2024 7:13 pm
Forum: RiskyProject: Project risk management and risk analysis software
Topic: Risks assigned globally after importing schedule
Replies: 1
Views: 16161

Re: Risks assigned globally after importing schedule

Here is the explanation with an example I have created a risk register with qualitative assessment. https://www.intaver.com/images/RP_Forum_GlobalRisk.png Now I import an MSP xml file: https://www.intaver.com/images/RP_Forum_GlobalRisk1.png You should see that all of the results are gone. This is be...
by Intaver Support
Sat Jul 27, 2024 7:06 pm
Forum: RiskyProject Project Risk Analysis Software Issues
Topic: Updating risks during project execuition due to mitigation efforts
Replies: 1
Views: 17012

Re: Updating risks during project execuition due to mitigation efforts

You are correct. Unlike Response plans which can be both quantitative and qualitative, mitigation plans are qualitative plans and has no effect on the simulation results. Regardless of whether you have mitigation plans or not, you should be reviewing and updated risk probability and/or impacts on a ...
by Intaver Support
Sat Jul 27, 2024 7:04 pm
Forum: Project Risk Analysis and Project Risk Management Theory
Topic: Cost of risk is too high
Replies: 1
Views: 16471

Re: Cost of risk is too high

If this is happening when the risk is assigned to a single task, I suspect that the activity has a resource with a rate associated with it as well. When you have a schedule risk assigned to a task with a resource rate this will also generate "time dependent" costs. Here is how this works. ...
by Intaver Support
Sun Jun 09, 2024 6:25 pm
Forum: RiskyProject: Project risk management and risk analysis software
Topic: Updating Risk Assignments
Replies: 2
Views: 22963

Re: Updating Risk Assignments

You can also new Risk Information dialog for risk assignments:
- double click on Task ID in any task view
- go to Risks tab
- update risk assignment, alternatives, probabilities, outcome and moment of risk
by Intaver Support
Mon May 13, 2024 2:48 pm
Forum: Project Portfolio Risk Management
Topic: Can Deadline be used to automatically adjust schedules
Replies: 1
Views: 27079

Re: Can Deadline be used to automatically adjust schedules

With deadlines the results will only show that it fails to meet the deadline. It does not compress the schedule as you would like. Typically, schedule compression or acceleration requires a complete rework of the schedule including adding additional resources, more parallel activities. etc as requir...
by Intaver Support
Mon May 13, 2024 2:46 pm
Forum: RiskyProject Project Risk Analysis Software Issues
Topic: Calculated risk probability is different that the Input Probability
Replies: 1
Views: 18262

Re: Calculated risk probability is different that the Input Probability

Calculated probability can vary from the input. But normally not by much. The reason is similar to throwing a dice. At each iteration, the risk has a 15% of occurring, so after 1 iteration, the probability will be 0 or 100%, after 2 0,30, or 100%. After 100 iterations, it could occur 15x (ie 15%) bu...
by Intaver Support
Mon May 13, 2024 2:44 pm
Forum: Project Risk Analysis and Project Risk Management Theory
Topic: Using resources to model a schedule and cost risk
Replies: 1
Views: 18188

Re: Using resources to model a schedule and cost risk

If you model a schedule risk with resources with rates allocated to the affected tasks. The added costs due to the risk will be part of the analysis. Same as if you apply the risk directly to the resource, however if that resource is assigned to any other tasks, they will be affected as well.
by Intaver Support
Wed Apr 10, 2024 6:04 pm
Forum: Project Risk Analysis and Project Risk Management Theory
Topic: Calculated risk probability is different than assigned probability.
Replies: 1
Views: 15137

Re: Calculated risk probability is different than assigned probability.

Calculated probability can vary from the input. But normally not by much. The reason is similar to throwing a dice. At each iteration, the risk has a 15% of occurring, so after 1 iteration, the probability will be 0 or 100%, after 2 throws 0,50, or 100%. After 100 iterations, it could occur 15x (ie ...
by Intaver Support
Wed Apr 10, 2024 6:02 pm
Forum: Project Portfolio Risk Management
Topic: Assigning Risks to Tasks with Resource Costs
Replies: 1
Views: 16395

Re: Assigning Risks to Tasks with Resource Costs

If you model a schedule risk with resources allocated to the affected tasks. The added costs due to the increased time due the risk will be calculated based on the resource rate and will be part of the analysis. You can also model this by you apply the risk directly to the resource, however if that ...
by Intaver Support
Wed Apr 10, 2024 5:59 pm
Forum: RiskyProject: Project risk management and risk analysis software
Topic: Automatically adjusting schedules using Latest Project Deadline
Replies: 1
Views: 16484

Re: Automatically adjusting schedules using Latest Project Deadline

With deadlines the results will only show that it fails to meet the deadline. It does not compress the schedule as you would like. Typically the schedule compression or acceleration requires a complete rework of the schedule including adding additional resources, more parallel activities. etc as req...
by Intaver Support
Wed Mar 20, 2024 10:14 pm
Forum: RiskyProject Project Risk Analysis Software Issues
Topic: Copying the Default Risk Properties for Review
Replies: 1
Views: 15891

Re: Copying the Default Risk Properties for Review

They can do this in the Default Properties view selecting all of the properties, and copy using the shortcut menu. This list can then by pasted into a spreadsheet or document for review.

Image
by Intaver Support
Wed Mar 20, 2024 10:10 pm
Forum: Project Risk Analysis and Project Risk Management Theory
Topic: Low number of Sensitivity Results
Replies: 1
Views: 14815

Re: Low number of Sensitivity Results

Best Practice: Setting Sensitivity Coefficient Threshold There is a threshold that can be set for viewing sensitivity results, where any results that do not meet the sensitivity coefficient threshold are not show as way to simplify the analysis of schedules. If you many activities with similar level...