Milestones and Risk Distribution

M
MATHEW JOSEPH 👤 Member for 21 years 10 months

Yes.



The three important milestones are:



Substantial Engg. Complete ---- Mechanical Completion (Last portion) ---- Facility Turnover.





So the above milestones should be considered sequential milestones.


M
Mike Testro 👤 Member for 20 years 5 months

Hi Mathew



Welcome to Planning Planet.



These section milestones - are they linked to anything else in the schedule?



Best regards



Mike Testro

M
MATHEW JOSEPH 👤 Member for 21 years 10 months

Thanks Gary.



I am using Pertmaster. The EPC schedule was imported from P6. There is a Key Milestones schedule section with milestones representing commencement / completion of phases

G
Gary Whitehead 👤 Member for 17 years 2 months

Mathew,



Which software are you using? The below answers are assuming Pertmaster:



1. Not a lot, other than they are impacted by risk & uncertainties applied to activities upstream of the milestone



2. Since milestones are zero duration, uniform uncertainty distributions will not be applied



3. Yes. They will be impacted by risks and uncertainties upstream, so you will still be able to report probability distribution of milestones.



Cheers,



G

Forum Sponsor

Top Posters

Julian Pegg
1 posts
Peter Nagy
2 posts
Raymund de Laza
17 posts
Syed_Asad
0 posts
Tony Greyvenstein
0 posts
Ahmed Al-Jubouri
13 posts
Umar Alvi
3 posts
Sibusiso Mahlalela
0 posts
Michael Samanyayi
3 posts
Simon Gumede
0 posts