Small project calculations

This forum focus on project portfolio risk management theory and RiskyProject Enterprise software. Submit any questions about enterprise risk management, and qualitative / quantitative risk analysis for multiple projects. This forum also includes discussions about project risk analysis on the enterprise level.

Moderator: Intaver Support

Post Reply
Dwen
Posts: 19
Joined: Sat Jun 05, 2010 5:50 am

Small project calculations

Post by Dwen » Wed Oct 03, 2018 9:45 am

How does the Default Calculation for Small Projects options work?

Intaver Support
Posts: 992
Joined: Wed Nov 09, 2005 9:55 am

Re: Small project calculations

Post by Intaver Support » Wed Oct 03, 2018 9:52 am

When you load your project into RiskyProject or make changes to it, RiskyProject monitors various parameters to determine the amount of time it would take to run a simulation.

This includes the number or tasks, resources, and risk assignment, as well as the computer resources available which includes the number or cores and RAM. Using this information, RiskyProject determines whether it can run an “instant” simulation (i.e in less than 1 second). If it meets these parameters, it is deemed a “small project” for the purposes of enabling instant calculations.

Image

Because what actual constitutes a “small project” varies depending upon several factors, there are not hard guidelines to on the exact number of tasks etc. We recommend that the default setting should be the Deterministic calculation of Current Schedule only. If you find that you can run simulations almost instantly on your project, you may want to select the Probabilistic calculation option. This will allow you to instantly update your results whenever you make changes to your schedule or risks.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com

Intaver Support
Posts: 992
Joined: Wed Nov 09, 2005 9:55 am

Re: Small project calculations

Post by Intaver Support » Mon May 06, 2019 10:29 am

Our recommendation that for all modern computers you should have automatic calculations of small projects enabled. The calculation should not take longer than 1 second.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com

Post Reply