Quantitative Risk Analysis Simulation Quantitative Cost and Schedule Risk Analysis often uses the Monte Carlo method of simulation to model the impacts of various risks. By using variable rather than fixed (deterministic) values, the simulation generates random values...
Overview This post provides methods of allocating time contingency, that may be useful when constructing or reviewing project schedules. Note - guidance in determining time contingency values is beyond the scope of this article. Contingency vs Float For the purposes...
Australasian Project Planning is proud to be a sponsor at PCC2017, September 20-22, Sydney, Australia We will be faciilitating a half day Masterclass workshop "Schedule Risk Analysis in Action" as well as exhbiting in the Tech Hub, where attendees can...