How do I see which tasks most impact the project success rate

April 12, 2016

Q: How do I see which tasks most impact the project success rate

In sensitivity view, can I see what activities affect project success rate?

A: Yes, if your project has a last finish time deadline, which is set in the Project Settings, you can view which activities have the most effect on your success rate of meeting the deadline.

To see which activities these are on the ribbon, click Analysis > All Views > Senstivity Analysis. In the Sensitivity Analysis view, select Success Rate from the drop down list at the top. Now, on the bottom, select one of the task parameters (Duration, Start Time, Success Rate). This will show the tasks which have the most impact on the project success rate.

In the example below, we can the sensitivity shows us activities that can have both a negative and positive affect on the project success rate.

For more information please visit: http://www.intaver.com/IntaverFrm/viewtopic.php?f=2&t=1243

Does Riskyproject have contingency planning

April 12, 2016

Q: Does Riskyproject have contingency planning

Can I define risks that execute contingency plans ?

A: In RiskyProject, risks can be managed using two processes. The first is a mitigation plan which is one or more activities that will occur before period in which a risk could occur to minimize either the impact or probability of the risk occurring. Mitigation plans are generally created as assigned to risks in the Mitigation Water fall chart.

The second method is the Risk Response plan and allow you to put in place a cost and duration for a plan that will be activated if the risk occurs. For example, if you have a risk of losing a key resource, your contingency plan, would be to find a suitable replacement, which may take time and money. With a response plan you can model the cost and time required by assigning the plan to the risk. Response plans are similar to a risk assignment, in that they can have cost or schedule impacts, but they can be used on multiple risks.

When you run a simulation with risks with response plans, each time the risk occurs in a specific iteration it with add the cost and time of the response plan to your results. At the end of the simulation, the results will include the expected values for cost and duration for each response plan.

For more information please visit: http://www.intaver.com/IntaverFrm/viewtopic.php?f=2&t=1241

When should I use resource risks?

April 12, 2016

Q: When should I use resource risks?

What is the difference between assigning risks to resources rather than activities?


A: Risks sometimes associated with specific project resources that are assigned to specific resources. It is possible to assign the risk to all of the activities to which a resource is assigned. However, if you have a risk to a specific resource, for example, the rate, you can quickly assign this cost risk to your project by assigning it to the resource. This risk will then impact all of the activities to which this resource is assigned. Therefore, by assigning a risk to a resource, you can quickly and easily “broadcast” this resource risk to all of it the activities it will impact.

In this example, the risk (uncertainty) of the Drilling Crew’s rate will impact all of the activities to which the Drilling Crew is assigned.


For more information please visit: http://www.intaver.com/IntaverFrm/viewtopic.php?f=4&t=1242

Two new articles on Risk Engineering and Project Management

April 11, 2016

Two new articles on Risk Engineering and Project Management

Intaver Institute has published two new articles Risk Engineering and How to Process Project Information. Risk management when viewed from a very high level is really about asking three key questions: what could happen, what would be the impact if it did happen, and what can we do about it? Risk engineering is managing risks in such a way that that you can deliver project value with the least amount of risk. Once you understand this key concept, you can then use risk engineering to understand the causes of the risk and the best approach to minimizing its impact on your key project objectives.

The second article "How to Process Project Information" discusses the nature of information, how it is produced and how we interpret it through our own personal motivations and biases. When managing projects we are constantly inundated with complex and often conflicting information. Much of this information is created or delivered in a manner to persuade you to take certain actions. This article goes over some of the methods that are used to manipulate certain well know human cognitive biases and how to recognize them. Further, it outlines strategies that you can use to counteract this flood of information to ensure you have the clear understanding of your project.

For more information please visit: http://www.intaver.com/index-news.html

Notification about risk reviews

April 7, 2016

Q: Notification about risk reviews
How can we get notification, that risk review is coming?

A: Risk review frequency is defined individually for each risk. By default it is defined in Risks -> Default Properties. RiskyProject does not send e-mail notifications that review is coming, but if you start RiskyProject you can see review dates of each risk. If risk is up for review, color of review cell in Risk Properties view will change from green to yellow and then from yellow to red. This same color will change in Risk Information dialog box (Properties tab and risk review tab). You would have to go to risk review tab and submit this review. If the review is not submitted, the color will remain red.

For more information please visit: http://www.intaver.com/IntaverFrm/viewtopic.php?f=6&t=1240

Merging calendars

April 7, 2016

Q: Merging calendars
I have defined project calendar, the task has specific task calendar and resource assigned to the task has own calendar. What is the rule? What if I have two resources with different calendars assign to the same task? How risk project merge them?

A: Calendars have a precedence logic whereas the Resource calendar > Tasks Calendar > Project Calendar. Therefore in your situation, the resource calendar will override the task calendar unless the “Ignore Resource calendar” option is selected for the activity.
If you have two or more resources each with their own calendar assigned to a task, then the working time is a merger of the two resource calendars. Merging works by overlapping calendar exceptions. For example, if calendar A has Monday day off and calendar B has Wednesday day off, the combined calendar will both day non working. The same is true for hourly exceptions:

For more information please visit: http://www.intaver.com/IntaverFrm/viewtopic.php?f=3&t=1239

Number of tasks

April 7, 2016

Q: Number of tasks
How many tasks (resources, etc.) can I import from P6 or MS Project? Are any limits?

A: There is no practical limit as you can theoretically import more than 100,000 - 200,000 tasks. In reality, you are most likely going to run into the limits of your computer (i.e. memory and cpu) where it becomes overloaded and takes extremely long times to respond to commands. If you are using MS Project 2010 or later the Addin allows you to exclude unnecessary data such as notes or custom fields. On very large schedules, this can significantly reduce the computer resources required to run simulations.

For more information please visit: http://www.intaver.com/IntaverFrm/viewtopic.php?f=2&t=1238