Project Risk Analysis Software and Project Risk Management Software Forum

One of the things, we would like to be able to do is to define the parameters of the statistical distributions of the risk impacts assigned to an activity. While you can assign distribution type, there does not appear to be a way to define the underlying parameter e.g. Alpha and Beta for Beta Pert.

On every risk assignment that has a 3 point estimate (low, base, high) you adjust the statistical distribution parameters.
1. Locate the risk assignment in any of the views where they can be edited such as the Task Information > Risks tab, Risk Information > Probabilities and Impacts tab, or the Risk Assignment view.
2. Right-click on the risk assignment and from the shortcut menu, click Risk Outcomes.



The Risk Assignment dialog box opens. Here you can modify the statistical distribution type, and define parameters associated with the distribution type.