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Probability Distributions

A Deep Dive into Probability Distribution in Risk Management

Ever tossed a fair coin? I’d bet you have! At least in your childhood days while deciding which team would bat first in a baseball or a cricket match, or who would serve first in a badminton or tennis...

Designated Drivers

There has been a lot of talk this year about the use of drivers in schedule risk analysis. The idea is that the correlations between task durations are the result of one or more outside influences (th...

Dealing With Uncertainty in Project Schedules

Project schedules are concerned with the future. A project schedule is, in effect, a projection or forecast of how and when the project will be performed. This projection is typically made using the c...