Project Risk Analysis Software and Project Risk Management Software Forum

RiskyProject professional documentation is available at:
http://www.intaver.com/downloads/RiskyP ... rGuide.pdf

You also can purchase printed RiskyProject Professional guide for US $55. We will ship it to you by UPS within 3-5 business days.

Event Chain Diagram is a useful tool and analyze and visualize relationship between risks in different tasks. We currently did not implement it in RiskyProject but planning to do it in future versions.

To view results of analysis on the particular phase to can double click on gantt bar associated to the phase's summary task, phase's milestone, or the last task of the phase.

You will be presented with four requency charts:
1. Cost of the task (phase)
2. Duration
3. Start Time
4. Finish Time

We use Spearman Rank Order Correlation Coefficient for the sensitivity analysis. We have arrays of data associated with task, duration, task risk outcome, task finish times, task cost, etc. We also have arrays associated with results for the complete project: cost, success rate, finish time, and dur...

Critical risks are calculated as a result of sensitivity analysis. If you have RiskyProject Professional, you can use Sensitivity View to see a tornado diagram which correlation between different risks and main project parameters: project duration, finish time, success rate, and cost. RiskyProject L...

We have very many clients who use RiskyProject for large construction projects. There project include residential and industries building construction, retrofitting of refineries, construction of large mines, etc. Because these projects are large and complex, proper risk management is required. Even...

RiskyProject 2 does not support discounting. It should be implemented in next releases of RiskyProject.

We did not receive Microsort Project 2007 yet and did not try integration between MS Project 2007 and RiskyProject

In addition to cost analysis RiskyProject includes income and revenue analysis with risks and uncertainties. You may perform risk analysis related to both product development and product sales. RiskyProject has separate sets of risks related to income, such as Fixed Income Increase and Relative Inco...

Success rate is reduced when task is canceled. A task can be canceled in one of three cases: 1. If the outcome Cancel task or Cancel task + all successors occurs, this cancels the tasks plus all successors which have occurred; 2. If a task reaches a deadline, and action associated with deadline is s...

RiskyProject performs earned value analysis based on baseline project schedule and project schedule with risks and uncertainties (results of analysis). RiskyProject allows you to specify or calculate actual cost for each task. Actual cost, budgeted cost, and cost as a result of analysis (with risks ...

In order to set cost, duration, or income (in RiskyProject 2) to zero, just enter zero instead of current value. You cannot delete value in the grid to set it to zero.

RiskyProject calculates only crucial tasks. Critical tasks and crucial tasks can be different.

Critical tasks are the tasks on the critical path. Crucial tasks are calculated as a result of sensitivity analysis. Crucial Tasks are those tasks, according to the sensitivity analysis, whose duration has the most affect on a project’s duration and finish time are crucial tasks. Uncertainties relat...

Yes, RiskyProject Lite and RiskyProject Professional share the same data file. However, some information you define in RiskyProject Professional cannot be viewed or edited in RiskyProject Lite. The example is risk correlations or input for decision analysis.