Cost Risk Analysis

You can create a new cost estimate directly within Acumen Risk in order to perform a cost risk analysis.

You can generate graphs, such as Risk Exposure, Risk Drivers, and Comparison Analyzer against cost models. The Cost Contribution Metric in the Risk Driver chart shows the biggest cost risk drivers in terms of cost rather than percentages, providing useful executive reporting.

Importing an Existing Cost Estimate

Acumen Risk includes an Excel-based template called CostRiskTemplate.xls located in the Samples folder. You should use this as the template file for importing cost estimates into Acumen Risk.

After the cost estimate is populated into the template file, you can import it into Acumen Risk using the normal Excel import feature.

After the cost estimate is imported into Acumen Risk, follow the normal procedure for building your cost model with uncertainty and risk events (same procedure as building a schedule risk model).