There are several phases to the Schedule Risk Analysis process, and it is good to become familiar with each step along the way. Let’s take a look at this in more detail. Acumen is considered a one stop shop for risk analysis. Not only can you examine the quality of your schedule, you also can […]
Schedule Risk Analysis
Sound Schedule Risk Analysis in Deltek Acumen
Schedule Risk Analysis in Deltek Acumen Risk is all about creating confidence levels and ranges into which the schedule is most likely to fall. But stakeholder’s must first trust the validity of the Schedule Risk Analysis (SRA) before accepting these confidence levels. Trust comes from a tenable SRA, and SRA integrity is founded on three […]
Quantitative Schedule Risk Analysis
Quantitative Schedule Risk Analysis – A Valuable Risk Tool For A Project Team By Gareth Byatt and John Owen Introduction This article is about Quantitative Schedule Risk Analysis (QSRA) – what it is, why it can be a valuable Risk tool for project teams, and some tips on how to use it to contribute towards […]
Cost vs Schedule Risk Analysis for Proposals
The good folks at Barbecana shared this great article on cost vs schedule risk analysis highlighting their differences as well as the pros and cons of each. Risk plays a critical role in improving project success and ultimately profitability. Project Risk Analysis There are two important outcomes for most projects beyond the obvious scope and […]
Why Schedule Risk Analysis is a Good Idea
Our friends at Barbecana submitted this interesting article explaining why Schedule Risk Analysis is a good idea. The Value As part of the project management process, a project schedule will be defined, typically using the Critical Path Method (CPM) technique, that identifies the activities (tasks) that need to be performed to fulfill the project objectives, […]
Barbecana Releases Schedule Inspector
Barbecana has just released Schedule Inspector as a separate product from their Schedule Risk Analysis tool, Full Monte. This offers folks more choice by allowing customers to buy just Schedule Inspector with it’s capabilities or Full Monte with it all built into one product.
Barbecana Releases Full Monte 2.0
Full Monte, Barbecana’s schedule risk analysis tool was released earlier this year has now been updated to version 2.0. It is designed and written specifically to integrate with Microsoft Project 2007 and 2010 providing Monte Carlo simulation capabilities. We did a previous review of Full Monte back in
Review: Full Monte Schedule Risk Analysis for Microsoft Project
Full Monte, by Barbecana is an Add-in for Microsoft Project (“MSP”), which means that once installed (a breeze, by the way) it appears as part of the MSP menu system. It works with MSP 2007 and 2010.
Schedule Risk Analysis: What Is It and Why Do It?
Project plans are of course about the future, and everything about the future has some uncertainty associated with it. When a task’s duration is estimated to be 5 days it is accepted that this will probably not turn out to be precisely true.