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Tag Archives: schedule risk analysis

Schedule Margin (a schedulers contingency) in conjunction with Schedule Risk Analysis

MPUG VENDOR SHOWCASE SESSION* Project Management Institute (PMI)® Professional Development Units (PDUs): This Webinar is eligible for 1 PMI® PDU in the Technical category of the Talent Triangle. Event Description: The use of Schedule Margin to identify and manage schedule contingency is becoming increasingly common. One of the best ways to determine how much margin…

What is Monte Carlo Simulation and Why Should I Use It With Microsoft Project?

Project Management Institute (PMI)® Professional Development Units (PDUs): This Webinar is eligible for 1 PMI® PDU in the Strategic category of the Talent Triangle. Event Description:  Monte Carlo simulation is named after the European city famous for games of chance (which is a polite way of saying gambling!). This session will explain the fundamentals of Monte…

Understanding and Managing Uncertainty

  All too often schedule risk analysis is perceived as an advanced and time consuming technique performed in a cursory manner only to satisfy contract bid requirements. This article shows how even simple generic analysis can highlight areas for estimate refinement and then how tools like historical analysis and estimate confidence assessments can dramatically improve…

Barbecana – Full Monte

Full Monte is produced by Barbecana.  Product Summary:  Full Monte gives users a multi-faceted tool for performing schedule risk  analysis from within Microsoft Project.     Capabilities: Uses Monte Carlo Simulation to execute risk analysis and display results Histograms and s-curves can be customized based on early and/or late starts Tornado charts allow users to generate pragmatic results for the most…

Reducing Project Costs with Schedule Risk Analysis

Project Management Institute (PMI)® Professional Development Units (PDUs): This Webinar is eligible for 1 PMI® PDU in the Strategic Category of the Talent Triangle. Event Description: Unfortunately, many organizations see Schedule Risk Analysis as an overhead sometimes mandated for proposals but otherwise of little value. This presentation will show how the use of schedule risk analysis can…

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