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Schedule Risk and Schedule Risk Analysis

Latin Hypercube Sampling (LHS)

Here we look at what is Latin Hypercube Sampling (LHS) and are there any benefits over Monte Carlo ow.ly/ERdLw

need your help urgently in risk analysis for my graduation project

hey, i'm a construction project management student and i don't know much about risk management, and i have to apply risk analysis to my graduation project and i'm in rush and no time for deep learning, so i need your help please.
i got pertmaster but it wasn't easy enough to understand on my own, and i can't find something brief to learn the basics quickly. also found that there's many methods in pertmaster for analysis so i don't know what's the basic method to use. and what are appropriate options to use!

Why Schedule Risk results for P50 and P80 are very close?

I am reaching out here because our client had a question and I had no answer for it. Here is our case: We have a fairly large schedule (7000 activities) in P6 and we did duration uncertainty ranging for 454 activities near to critical path (TF<2weeks) also remaining duration more than 2 weeks. Project duration is 2.5 years. Results off of PRA risk analysis show 50% and 80% are only a week apart. Now client says that they use to see at least a month difference between P50 and P80. Any thoughts why this is happening? I appreciate your help.

PRA 8.7.6 Update available now as a patch.

Beginning with Primavera Risk Analysis 8.7 Service Pack 6 (8.7.0060), new versions of the software will be available to download as patches.  Previously, new versions were available to download from the Oracle eDelivery site.  To locate the most current version of Primavera Risk Analysis:

1. Select the "Patches & Updates" tab.

Anchoring

Do you use any technique to moderate/eliminate the impact/influence of anchoring (providing a reference value) during your risk workshops?  I just became aware of the phenomenon(a) and wondered what others are doing.  Generally, I try to elicit percentage ranges eg. -10%, +20% to the calculated/estimated deterministic value.  In my mind, that should be enough.  Is it?  What do you do?

Thanks,

Best Interview Questions

Hi

What would be very great interview questions to ask to a project cost controller EXPERT/Guru to test his real knowledge.

The goal is to test following areas:

Project Planning & Scheduling

Cost Controls

Cost Estimation & Bidding Expertise for projects

 

Industry: Oil & Gas- Petro Chem

If somebody can throw some good questions with Detail  ANSWERS please.

 

Best Duration Uncertainty to use – Triangle or Trigen

I am wondering if anyone can help me please?  I am working on a Wind Farm project and putting the schedule through Primavera Risk analysis .  What is the best Duration Uncertainty to use – Triangle or Trigen? Thank you Claire

ask for some books

Hi
Actually,I found these books very practical and impressive, but in my country i can not reach them.
If any body have these please send them to my email address below:
 


Links:
 


Thank you for your concideration


 

Primavera Risk Analysis and Primavera: Exporting, what to watch out for and what shouldn't be there??

Hi All,

I am compiling a procedure (almost checklist) for our Planning Department of what they should do to their schedules and any additional house-keeping/alterations to their plan or what they should be aware of when their plan is exported into Pertmaster.

Making Sense of Schedule Risk Analysis

Mosaic Project Services is supporting a presentation by Tony Welsh, President, Barbecana Inc on the 20th November in Melbourne, Australia.

Market Place

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