Integrated Project Risk Analysis - Structuring the Model Effectively
A project risk analysis is only as good as the model that was used to prepare it. It is critical that the model be constructed to reflect the risks specifically associated with the project. The model must be able to accurately reflect the risks associated with schedule, quantities, cost and the residual unmitigated risk items from the qualitative risk analysis. The model should also take into account the interrelationships and dependencies of these items.
This webcast will address these issues and present examples of how results can vary based on the level of detail used in preparing the risk analysis, and will include the use of @RISK, and @RISK for Project.