Tips on using this forum..

(1) Explain your problem, don't simply post "This isn't working". What were you doing when you faced the problem? What have you tried to resolve - did you look for a solution using "Search" ? Has it happened just once or several times?

(2) It's also good to get feedback when a solution is found, return to the original post to explain how it was resolved so that more people can also use the results.

Pertmaster Releases Latest Version of Risk Expert

No replies
Christy Tullis
User offline. Last seen 13 years 31 weeks ago. Offline
Joined: 25 Oct 2005
Posts: 8
Hello Everyone,



Good news! Pertmaster has just released the latest version of Risk
Expert and you have an opportunity to see it!!



What: Pertmaster Demonstration

When: Lunch time! 12pm-1pm CST

Dates:
Thursday, Feb. 2
Mon., Feb. 6
Fri., Feb. 17
Thurs., Feb. 23

For those of you unable to attend the Risk Management Best Practices
Workshop event you have another opportunity!

I will provide a product demonstration of Pertmaster Project Risk and
Risk Expert through WebEx and conference call. If there is a large group
I will not be able to allow questions, but I will be able to answer them
through phone and email after the session. These products enable you to
perform a risk analysis on your schedule. View www.pertmaster.com
for information on Project Risk and Risk
Expert.

If you would like to attend:
Please email me at Christy@Pertmaster.com your email and phone
information. I will provide you with the webex and conference call
information via email.



The latest version of Risk Expert allows you to:



* Run a Monte Carlo Analysis on your schedule

* A Monte Carlo Analysis is run by taking three point
estimates of the durations or costs in your schedule and then running an
analysis on this which produce a histogram that shows the percentage
chance of coming in on time or to budget, and a tornado diagram which
tells you the tasks that need to be focused on to improve the confidence
level

* Record external risk events in a risk register (this can be
imported from programs such as Excel
* Label the external risk events as threats or opportunities
* Label the percentage chance time that the external risk event
may occur
* Determine your risk tolerance through a risk scoring chart (The
risk score is determine by multiplying the probability X by the Impact)
* Lay out mitigation plans and determine if it would be a better
choice to mitigate or assume the risks
* Map the external risk events to tasks in the schedule and then
run a Monte Carlo analysis.
* Create alternate scenarios
* And much much more!!



View more information on the latest release at www.pertmaster.com
.





Best regards,
Christy



Christy Tullis

Senior Sales Executive

Pertmaster

2100 West Loop South, Suite 1050

Houston, Texas 77027

+1 (713) 595-7654 direct

+1 (281) 435-4566 mobile

+1 (713) 595-7657 facsimile

christy@pertmaster.com

www.pertmaster.com