Tuesday, 6 October 2015

RiskyProject keeps asking for license code

September 23, 2015 Q: RiskyProject keeps asking for license code We just had all of our computers updated and I reinstalled RiskyProject. Everytime I open it, it is asking for the license code. A: License information is stored in the system registry. If you are getting this message it means that the software cannot find the license information in the designated index in the registry. This occurs for two reasons. First of all, you may have a 3rd party registry cleaning tool that doesn’t recognize the license settings and is removing it. However most registry cleaning don't touch application software. So this is very unlikely scenario. Please check with your IT to see if this is the case. Second, it could be that the license information is not being written to the registry. This happens if you user does not have write access to the registry. The changes that were made to your computers may be the cause of either of these issues and you will need your IT people to assist in resolving this. Please visit Intaver Institute's forum for more information. http://www.intaver.com/IntaverFrm/viewtopic.php?f=3&t=1133

Sunday, 4 October 2015

Defaults for risk mitigation and response plans

September 20, 2015 Q: Defaults for risk mitigation and response plans Every time I add a mitigation activity to the waterfall chart, it seems to automatically decrease the impact by 5% which I don’t want. It looks like a default but I don’t see any setting in the options. A: When you are creating your risk mitigation plans in the mitigation waterfall chart, each activity that you add to the risk mitigation waterfall chart automatically is added as a mitigation plan or activity in the Mitigation/Response view. Each of these steps represents a planned activity which will change either the probability and/or impact of a risk, which in turn lowers the risk score. RiskyProject has hardcoded default values for reducing probability and impact (5%). If you do not modify these values, they are automatically added to the waterfall chart. You can set these default values in advance if you add the plans to the Mitigation/Response View. The default values can be added to the Risk Probability Reduction and Risk Impact Reduction fields for each plan. Please visit Intaver Institute's forum for more information. http://www.intaver.com/IntaverFrm/viewtopic.php?f=3&t=1130

How do I transfer my license to another computer?

September 19, 2015 Q: How do I transfer my license to another computer? I have a new computer and need to move my license. A: According to the End User License Agreement, a license can only be installed on a single computer. Therefore the first step is to uninstall the software from your previous computer if it is still going to be used for other purposes. Second, you should notify our support team at support@intaver.com or by calling us at +1(403)692-2252 of your intentions to transfer the license. In the email, please include the license number and end user information: Name, Company, email address, phone number, as this will help them locate your license record. Once our support team have notification that your license has been uninstalled, the support team will check the license status. If the license was purchased recently within the 1 year free maintenance and support period, you can download the latest version from our web site. If the license was purchased more than a year ago, it may not be valid for the latest version. In which case, you will need to either upgrade your license or install a copy of the version that is compatible with your license. If you do not have a copy, you can request one from our support team. To check you license number please use About box (question mark at the right top corner of RiskyProject): Please visit Intaver Institute's forum for more information. http://www.intaver.com/IntaverFrm/viewtopic.php?f=3&t=1129

How do I share risks?

September 19, 2015 Q: How do I share risks? We have a generic set of risks that include probabilities and impacts that we would like to make available for all of our projects. What is the best way to do this? A: This really depends upon the information that is included with the risks. If the risks for schedule risk analysis and risk management just are a list of risk names then you can save Risk Registers as a file (*.alr) . These risk registers can then be kept on a local network drive and then at the beginning of your project then can be loaded into a blank risk register. To save a risk register, go to the Risks tab, Export/Import group, click Risk Register, Save Risk Register. You will be prompted to save the risk register file. Alternatively to load the risk register, click Load Risk Register to select the risk register you want to load into the project. (picture) If you would like to save list of risk assignments that would be used for quantitative cost and schedule risk analysis you can create a risk template. Risk templates are created in the the Global Risk Assignments view. In the Global Risk Assignments view, create your list of risk assignments. Assignments must include Risk name, Assignment type (Task or Resource), Chance, Outcome Types, and statistical distribution of outcomes (if enabled). Risk assignments can also include other information such as Moment of Risk. Risk templates do include qualitative properties such as Risk Owner, Definition, etc. Please visit Intaver Institute's forum for more information. http://www.intaver.com/IntaverFrm/viewtopic.php?f=2&t=1128&sid=fb4886934cf1f7c77c635b4b38f8f19b

Saturday, 3 October 2015

Risk Chart for Portfolio Risk Analysis

September 16, 2015 Q: Risk Chart for Portfolio Risk Analysis Can you explain how the Enterprise Risked Project Chart works for RiskyProject Enterprise? A: The Risked Projects chart shows the level or relative schedule and cost risk for each project in the Portfolio. It differs from other schedule and cost risk analysis that we can derive from Monte Carlo simulation in that it provides insight into how “risky” projects as a function of the project budget and schedule. For example: Project A with a budget of $ 1M has $100 K of risk, Project B with a budget of $ 2 M also has $100 K of risk. Both have the same actual amount of cost at risk, however Project A has twice as much of relative risk. From the Risk Projects chart we cannot tell why one project has more relative risk than others, but it provides a additional information that supports the decision making process. It may be an expected result, but could indicate that further investigation and management decisions are required. http://www.intaver.com/IntaverFrm/viewtopic.php?f=2&t=1127

Risks Assigned to the Project Schedule

September 16, 2015 Q: Risks Assigned to the Project Schedule Is there an easy way to quickly view how all project risks are assigned? As part of our project reviews we someway to show and justify our risk assignment. A: In order to perform schedule risk analysis using Monte Carlo simulations with risk events or risk driver, you need to assign risks to tasks or resources. There are several ways to view how your risks are assigned to the project. If you would like to see the risk assignments for each task, you can go to the Task Information > Risks tab. This will list each risk that has been assigned to the task. (picture) The same is true if you would like to view which risks are assigned to particular resources. In this case, you would go to the Resources view > Resource Information> Risks. Finally, in the Report tab > Report: All Risks view you can generate a report that includes all task and resource risk assignments for each risk. This report can be printed directly from the File > Print menu, or saved in CSV format. The report can be customized to include or exclude specific risk information. http://www.intaver.com/IntaverFrm/viewtopic.php?f=3&t=1126

Export Monte Carlo simulation data

September 16, 2015 Q: Export Monte Carlo simulation data Is there a quick way to move the simulation data from RiskyProject to a spreadsheet? A: Yes, once you have run your Monte Carlo simulations all of the data is available to export as a CSV (comma delimited file). All results including schedule, finish times, cost are included in the file To export your simulation data, run a simulation. In the Project View or Results Gantt, select the tasks, whose data you want to export. You can press down the or keys to select more than one task. Then go to the File menu, Export> Statistics. You will be prompted to save the file to a local folder. Please note that each iteration creates a row. If you run a large amount of iterations (>2500) be aware that it will create a single row for each iteration. You may also copy results of Monte Carlo simulations for the particular tasks to the clipboard the paste into Excel. To do it double click on any Gantt bar within a Gantt chart. Then you may right click on particular statistical distribution, and select Copy Data to Clipboard. You may also enlarge statistical distribution by double clicking on it and then again right click on the chart, and select Copy Data to Clipboard. http://www.intaver.com/IntaverFrm/viewtopic.php?f=2&t=1125