## Search found 15 matches

Mon May 13, 2024 2:45 pm
Forum: RiskyProject Project Risk Analysis Software Issues
Topic: Calculated risk probability is different that the Input Probability
Replies: 1
Views: 8917

### Calculated risk probability is different that the Input Probability

I assigned the risk to the resource(s) as a relative time increase and then also as a relative cost increase – both at 15% chance with 10% outcome. But the issue I seem to have when I do this is that the probability of it occurring goes above 15%. Do I potentially need to add the time delay to the t...
Sun Apr 16, 2017 8:57 pm
Forum: RiskyProject Project Risk Analysis Software Issues
Topic: Defining Seeds
Replies: 1
Views: 12294

### Defining Seeds

Where can I define seed for statistical distribution of task duration. I want distributions for few tasks to be correlated?
Sun Apr 16, 2017 8:55 pm
Forum: RiskyProject: Project risk management and risk analysis software
Topic: Using custom or discrete distributions with limited data.
Replies: 1
Views: 10338

### Using custom or discrete distributions with limited data.

- I have actual data for task duration, but only 5 samples. Should I use a custom or discrete distribution or is the data to limited?
Sun Apr 16, 2017 8:50 pm
Forum: Project Risk Analysis and Project Risk Management Theory
Topic: RiskyProject calculation for risks that impact multiple categories
Replies: 1
Views: 13452

### RiskyProject calculation for risks that impact multiple categories

How normalization of risk impact if perform if we have impact affecting multiple risk categories
Tue Nov 03, 2015 4:05 pm
Forum: RiskyProject Project Risk Analysis Software Issues
Topic: Monte Carlo simulation performance
Replies: 1
Views: 10533

### Monte Carlo simulation performance

As part of our project reporting, we have to provide schedule risk analysis on a monthly basis. Currently, the master schedule is over 10000 tasks and is resource loaded. We use the MS Project addin to export the xml to RiskyProject and the size of file now is over GB and is maxing out the computers...
Tue Sep 08, 2015 8:55 am
Forum: Project Risk Analysis and Project Risk Management Theory
Topic: Cost accrual for risk analysis
Replies: 1
Views: 10535

### Cost accrual for risk analysis

We have just started a new process and are doing some integrated cost and schedule risk analysis. Some of the results we were seeing for costs in the Cash flow view looked odd until we noticed that the cost allocation was set for the end of the activities. We had to manually go in and reset them all...
Fri Sep 04, 2015 10:46 am
Forum: Project Risk Analysis and Project Risk Management Theory
Topic: BetaPert statistical distribution for Monte Carlo
Replies: 1
Views: 11462

### BetaPert statistical distribution for Monte Carlo

We have been looking at alternatives to triangular distributions for modeling uncertainty in our tasks. One of the alternatives that has been mentioned is BetaPert. In what cases should it be used as opposed to triangular?
Fri Sep 04, 2015 10:01 am
Forum: Project Risk Analysis and Project Risk Management Theory
Topic: Project risk modelling
Replies: 1
Views: 10570

### Project risk modelling

I am using Risky Project pro and have a question regarding best way to model variability of an incoming task.
Fri Sep 04, 2015 9:59 am
Forum: RiskyProject: Project risk management and risk analysis software
Topic: Statistical distribution for duration
Replies: 1
Views: 11836

### Statistical distribution for duration

As part of our Monte Carlo schedule risk analysis, as a first draft we are not yet requiring our team members to provide estimates for low and high duration. We want to import our schedule from Microsoft Project and quickly add uncertainties to all of the activities. I seem to remember that you can ...
Sun Jan 05, 2014 4:56 pm
Forum: Project Risk Analysis and Project Risk Management Theory
Topic: Correlation coefficient and impact
Replies: 5
Views: 24083

### Re: Correlation coefficient and impact

I have a risk which has two alternatives:
- increase duration on 10% - 5% chance
- increase duration on 30% - 1% chance
do these alternatives have the seed?
Sun Jan 05, 2014 4:54 pm
Forum: RiskyProject: Project risk management and risk analysis software
Topic: Microsoft Project XML format
Replies: 3
Views: 26648

### Re: Microsoft Project XML format

Does RiskyProject support UN/CEFACT format?
Sat Nov 26, 2005 11:32 am
Forum: RiskyProject: Project risk management and risk analysis software
Topic: Project Decision Analysis
Replies: 8
Views: 56806
Thanks, I will download DecisionPro and will try it with RiskyProject Professional.
Sat Nov 26, 2005 11:28 am
Forum: RiskyProject: Project risk management and risk analysis software
Topic: Project Decision Analysis
Replies: 8
Views: 56806
Can I use RiskyProject Lite with DecisionPro to generate project decision tree?
Sat Nov 26, 2005 11:19 am
Forum: RiskyProject: Project risk management and risk analysis software
Topic: Project Decision Analysis
Replies: 8
Views: 56806
Are you saying that I need another software package to use decision trees in RiskyProject?
Sat Nov 26, 2005 11:12 am
Forum: RiskyProject: Project risk management and risk analysis software
Topic: Project Decision Analysis
Replies: 8
Views: 56806

### Project Decision Analysis

PMBOK Chapter 11 talks about using decision trees for project management and I noticed that you say that RiskyProject can convert my project schedules into a decision tree. How does it work?