The Risk Aspect of Planning & Project Management
Primavera Risk Analysis does not yet support SQLite, but Barbecana latest release of Full Monte 2014 for P6 Version 1.1 does now support SQLite http://ow.ly/FmTMA
Here we look at what is Latin Hypercube Sampling (LHS) and are there any benefits over Monte Carlo ow.ly/ERdLw
hey, i'm a construction project management student and i don't know much about risk management, and i have to apply risk analysis to my graduation project and i'm in rush and no time for deep learning, so i need your help please.
i got pertmaster but it wasn't easy enough to understand on my own, and i can't find something brief to learn the basics quickly. also found that there's many methods in pertmaster for analysis so i don't know what's the basic method to use. and what are appropriate options to use!
I am reaching out here because our client had a question and I had no answer for it.
Here is our case: We have a fairly large schedule (7000 activities) in P6 and we did duration uncertainty ranging for 454 activities near to critical path (TF<2weeks) also remaining duration more than 2 weeks.
Project duration is 2.5 years.
Results off of PRA risk analysis show 50% and 80% are only a week apart. Now client says that they use to see at least a month difference between P50 and P80.
Any thoughts why this is happening?
I appreciate your help.
Beginning with Primavera Risk Analysis 8.7 Service Pack 6 (8.7.0060), new versions of the software will be available to download as patches. Previously, new versions were available to download from the Oracle eDelivery site. To locate the most current version of Primavera Risk Analysis:
1. Select the "Patches & Updates" tab.
Do you use any technique to moderate/eliminate the impact/influence of anchoring (providing a reference value) during your risk workshops? I just became aware of the phenomenon(a) and wondered what others are doing. Generally, I try to elicit percentage ranges eg. -10%, +20% to the calculated/estimated deterministic value. In my mind, that should be enough. Is it? What do you do?
Thanks,
Hi
What would be very great interview questions to ask to a project cost controller EXPERT/Guru to test his real knowledge.
The goal is to test following areas:
Project Planning & Scheduling
Cost Controls
Cost Estimation & Bidding Expertise for projects
Industry: Oil & Gas- Petro Chem
If somebody can throw some good questions with Detail ANSWERS please.
I am wondering if anyone can help me please? I am working on a Wind Farm project and putting the schedule through Primavera Risk analysis . What is the best Duration Uncertainty to use – Triangle or Trigen? Thank you Claire
Hi
Actually,I found these books very practical and impressive, but in my country i can not reach them.
If any body have these please send them to my email address below:
Links:
Thank you for your concideration
Hi All,
I am compiling a procedure (almost checklist) for our Planning Department of what they should do to their schedules and any additional house-keeping/alterations to their plan or what they should be aware of when their plan is exported into Pertmaster.
