I'm using RiskyProject for about one year. I have a question about risks:
I have two local risks "20% delay". They occur at the same time. What would be the total delay of the task?
Calculation of risk outcome
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Here is how it works:
Assume that task duration is 5 days. Risk A causes 20% delay (1 day) and risk 2 causes 20% delay (1 day). Total delay will be 2 days.
New version of RiskyProject has risk called "Execute mitigation plan". Mitigation plan has own outcome, e.g. delay 20%. If two risks "Execute mitigation plan" occurred at the same time for the same task, task will be delayed only on 20% (not 40%).
Assume that task duration is 5 days. Risk A causes 20% delay (1 day) and risk 2 causes 20% delay (1 day). Total delay will be 2 days.
New version of RiskyProject has risk called "Execute mitigation plan". Mitigation plan has own outcome, e.g. delay 20%. If two risks "Execute mitigation plan" occurred at the same time for the same task, task will be delayed only on 20% (not 40%).
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