Project Confidence levels

[Rtgorwer]

Does riskyproject calculate confidence level for the project?

[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.



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.



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)