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Risk Impact calculation

1 reply [Last post]
Tue, 2010-05-11 08:53
Haresh Jayanth
User offline. Last seen 6 years 10 weeks ago. Offline
Joined: 24 Aug 2006
Posts: 219
Groups: Building Information Modelling, GPC Qatar
Hi,

I am doing risk impact calculation. I have selected a specific WBS and impacted date accordingly it has assigned the Curent labour units, materal units , expenses etc.

In the impact column, i have given 100% impact as risk assesment, accordingly , it has calculated the exposure of the said risks. All activities in the selected WBS are critical activities.

My questions are as under

a) Can i selecte a range of dates for my risk occurances i.e. more than one day.
b) In the above risk analysis, if i did calculation there is no impact for this risk , Current & Current+impact dates are the same, even if i show 100% impact on this risk?? How is it possible...
c)How does risk analyss work........can any one guide me....

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Replies

Tue, 2010-05-11 21:14
#1
Rodel Marasigan
User offline. Last seen 3 days 23 hours ago. Offline
Joined: 25 Oct 2006
Posts: 1699
Groups: Petro-Chem / Oil & Gas
a) The answer is NO. You can only select the start date when the risk is going to occur. The range is the number of impact days or units x % of impact.

b) The reason why current & current+impact date are the same is you apply a risk to an over allocated resources which prevent P6 from levelling the resource. Meaning if resources assigned to activiy under WBS is exceeding from the max unit/time set on resource Unit & Price then P6 will not level the resource.
Ex: resource1 having max unit/time = 8/d and assigned to 5 day having budgeted unit of 50 units then unit/time = 10/d which is exceeding from max unit/time (8/d) therefore P6 will not level the resource and date will not be calculated even risk is applied but impacted cost and units will be calculated.

c) same answer as b)
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