JCL chart

This forum includes discussion about project risk analysis and risk management theory: Monte Carlo simulations, Event Chain Methodology, schedule and cost risk analysis. Please submit questions and case studies about your experience with our project risk analysis software.

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Jason
Posts: 38
Joined: Wed Nov 09, 2005 10:46 pm

JCL chart

Post by Jason »

Do you show Joint Confidence Level (duration/cost) chart?
Jason
Intaver Support
Posts: 1012
Joined: Wed Nov 09, 2005 9:55 am

Re: JCL chart

Post by Intaver Support »

Joint confidence level chart can be accessed from Project Summary view in the Analysis tab of Workflow menu or ribbon:

Image

In the latest release of the software Joint confidence level chart includes frontier lines or lines with equal probabilities of cost and schedule (duration). You don't need to do any special settings or selections to view Joint confidence level chart. It is generated automatically as a result of Monte Carlo simulations. After you perform Monte Carlo simulations go to Project Summary view and click on Cost vs. Duration Scatter Plot button.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com
Intaver Support
Posts: 1012
Joined: Wed Nov 09, 2005 9:55 am

Re: JCL chart

Post by Intaver Support »

Is it important to know what probabilities shown on each quadrant is essentially a number of dots within this quadrant vs. total number of dots (samples). Each dot represents on Monte Carlo simulations
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
www.intaver.com
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