Defining Event Chain
Moderator: Intaver Support
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- Posts: 15
- Joined: Mon Mar 06, 2006 6:08 pm
Defining Event Chain
I have RiskyProject 5.0.7.1. I think it is a latest version. I have three risks:
- Bad weather: it triggers
- Equipment delivery: it triggers
- Construction delay
How can I define this chain in RiskyProject?
- Bad weather: it triggers
- Equipment delivery: it triggers
- Construction delay
How can I define this chain in RiskyProject?
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- Posts: 1024
- Joined: Wed Nov 09, 2005 9:55 am
Re: Defining Event Chain
For quantitative analysis:
- go to any risk view (Global Risks, Local Risks for Tasks, Local Risks for Resources) or risk tabs of Task Information dialog or Resource Information dialog
- double click on risk assignment
- go to Correlation tab
- select risk, correlated with current risk
This way you can create a chain
For qualitative analysis
- go to Risk Form (double click on Risk in Risk Register)
- select trigger risk
This way the chain will not be used in Monte Calro schedule analysis.
- go to any risk view (Global Risks, Local Risks for Tasks, Local Risks for Resources) or risk tabs of Task Information dialog or Resource Information dialog
- double click on risk assignment
- go to Correlation tab
- select risk, correlated with current risk
This way you can create a chain
For qualitative analysis
- go to Risk Form (double click on Risk in Risk Register)
- select trigger risk
This way the chain will not be used in Monte Calro schedule analysis.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com
Re: Defining Event Chain
If I assign the same risk to different tasks or resources, are these assignments correlated?
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- Posts: 1024
- Joined: Wed Nov 09, 2005 9:55 am
Re: Defining Event Chain
Yes. These assignment are correlated which each other.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com
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- Posts: 1024
- Joined: Wed Nov 09, 2005 9:55 am
Re: Defining Event Chain
In recent version 6.1 we added extra option to correlate risk assignment:
http://www.intaver.com/images/RP_RiskAssign.png
http://www.intaver.com/images/RP_RiskAssign.png
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com
Re: Defining Event Chain
If have the same risk assigned to different tasks in RiskyProject, are these assignments corrected to each other or not?
Project Manager, PMP
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- Posts: 1024
- Joined: Wed Nov 09, 2005 9:55 am
Re: Defining Event Chain
Risk assignments are corrected to each other by default. However you may change it by going to Schedule->Project Options->Risk tab. There is a check box there, where you can disable default correlation of risk assignments. In this case risks assigned to different tasks will occur at different moments.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com