Project Risk Analysis Software and Project Risk Management Software Forum

Sensitivity analysis is performed in both RiskyProject Lite and RiskyProject professional. RiskyProject Professional presents results of the analysis as a tornado diagram. RiskyProject Lite presents results of the analysis as three most important (critical) risks and three crucial tasks.

RiskyProject performs sentivity analysis and presents it in the form of tornado diagram. Sensitivity Analysis shows you the input parameters (task duration, start and finish time, success rate, etc.) that have the most affect on project parameters (total project cost, total duration, project finish ...

Hello CDC, If you use RiskyProject 1.3 you must uninstall RiskyProject Lite to setup RiskyProject professional and vice verse. If you use RiskyProject 2, you can use RiskyProject Lite and RiskyProject Professional at the same time. However, we don't recommend doing it, because it can cause some conf...

When we designed RiskyProject we focused on few important aspects: 1. Easy-to-use: RiskyProject is designed for project managers without extensive experience in statistics. Most our clients are small and medium size companies. They cannot afford spending a lot of time on performing complex analysis,...

You can use import feature of RiskyProject to import project schedule without updating risks. It is possible to import data from WelcomRisk, XML and MPX files. XML and MPX files can be created using external applications such as Microsoft Project. Normally, you would import data to update a project ...

Yes. We support MindManager version 5 and 6.

By default all global risks from Global Risk view will be applied to all tasks. If you don't want to apply global risks to the particular task, you can uncheck this box. If the box is unchecked only local risks will be applied to the task.

You can use MindManager to create work breakdown structure (project schedule) or risk breakdown structure. However, you cannot import risk breakdown structure to RiskyProject. You can export MindManager project schedule to MPX format and then import it to RiskyProject.

RiskyProject helps to create risk breakdown structure. You can use RBS to define any risks. If the risk affects project schedule it has risk outcome, for example restart task or delay task. But you can also define any other risks (related to quality, safety, etc.). In this case you need to set risk ...

Here is how it works: Assume that task duration is 5 days. Risk A causes 20% delay (1 day) and risk 2 causes 20% delay (1 day). Total delay will be 2 days. New version of RiskyProject has risk called "Execute mitigation plan". Mitigation plan has own outcome, e.g. delay 20%. If two risks "Execute mi...

Dear Expert: Conditional branching (if then analysis) allows the project to branch from one task to another task based on certain conditions. For example, if a feature development task takes longer than 2 weeks, this may be require shorter development time for other features. Conditions related to t...

Each image in VMWare has separate registry. RiskyProject license is saved in the registry. Therefore when you create new image in VMWare, you have to validate the license again. Please contact our support team or use online support form and we will create a new license for you.

Tomico, Intaver Institute is integrated with DecisionPro from Vanguard Software Corporation to generate decision trees. Here is how it works: You have project schedule, which is created in RiskyProject or imported from other project management software. This project schedule has a number of alternat...

We don't have risk register right now, but we are planning to implement it on future. We have a technology to analyze all historical risks and activities to find the most relevant risks for the new project. It is sort of "Risk Google", where the user will be presented with the suggestions about most...

You can define opportunities in RiskyProject. To do it, just enter negative delay (fixed or relative) or negative cost increase for the particular risks. In some causes the same event can cause both "positive" and "negative" effects. For example, 40% chance that the software developer will complete ...