Search found 1005 matches
- 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 ...
- 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...
- 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: 922
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
• Full name
• Company
• Address
• Phone number
- 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...
- 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: 17014
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 ...
- 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. ...
- 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
- double click on Task ID in any task view
- go to Risks tab
- update risk assignment, alternatives, probabilities, outcome and moment of risk
- 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...
- 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...
- 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.
- 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 ...
- 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 ...
- 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...
- 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.
- 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...