Milestones and Risk Distribution
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Yes.
The three important milestones are:
Substantial Engg. Complete ---- Mechanical Completion (Last portion) ---- Facility Turnover.
So the above milestones should be considered sequential milestones.
Hi Mathew
Welcome to Planning Planet.
These section milestones - are they linked to anything else in the schedule?
Best regards
Mike Testro
Thanks Gary.
I am using Pertmaster. The EPC schedule was imported from P6. There is a Key Milestones schedule section with milestones representing commencement / completion of phases
Mathew,
Which software are you using? The below answers are assuming Pertmaster:
1. Not a lot, other than they are impacted by risk & uncertainties applied to activities upstream of the milestone
2. Since milestones are zero duration, uniform uncertainty distributions will not be applied
3. Yes. They will be impacted by risks and uncertainties upstream, so you will still be able to report probability distribution of milestones.
Cheers,
G