Risk Exposure Report (Risk Histogram)

Use the risk histogram to report risk exposure. It is driven by the activity or summary that you select in the activity panel.

The histogram displays both a cumulative and non-cumulative chart showing the distribution of duration, cost, float, start, or finish dates for the selected activity.

Probability Values and Contingency

You can add probability values (P-values) to the chart by clicking in the chart in the desired location and selecting one of the Add/Remove P-value options. Each time you add a new P-value to the chart, Acumen Risk automatically adds the P-value data to the table beneath the histogram as a column to the main activity spreadsheet.

In addition, you can graphically plot contingency (the difference between a deterministic value and a P-value) by clicking in the chart in the desired location and selection one of the Add/Remove contingency options. Positive contingency is highlighted in red, negative contingency (that is, when your estimate has too much contingency built into it) is highlighted in green.

Example of a Risk Exposure Report with Positive Contingency Highlighted