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Project Confidence levels

Posted: Thu Mar 23, 2017 1:26 pm
by Rtgorwer
Does riskyproject calculate confidence level for the project?

Re: Project Confidence levels

Posted: Thu Mar 23, 2017 1:52 pm
by Intaver Support
Yes, with Monte Carlo simulation, RiskyProject calculates confidence levels for start time, finish time, duration, work, and costs. All of these are shown in the Project Summary View.

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In the Project Summary, Low and High results are confidence levels (or percentiles) that are set in the Project Options > Calculations tab. In the example below, the Low and High confidence levels shown on the Project Summary are set to p30 and P80.

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If you double-click on any of the Project Summary Charts, this will open a detailed chart that includes a Percentiles tab that shows the Project’s range of confidence levels for the particular parameter (e.g.Finish Time)

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