Project Risk Analysis Software and Project Risk Management Software Forum

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.

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 ...