Uncertainty Factor Editor Dialog Box

Use this dialog box to describe the degree of buy-in and confidence in the underlying durations and costs in the risk model.

You can configure it to model a varying number of uncertainty categories. You should not use an uncertainty template for modeling the potential impact of risk events. This is covered through the use of the risk register.

Commands

Field Description
Open Click to open a saved uncertainty template.
Save Click to save the uncertainty template for use on other projects. The file saves as an .uncertaintytemplate file type.
Apply Click to apply the uncertainty template to the project.
Manually Add a Risk Distribution Click to add a new risk distribution to the grid.
Size Use this slider to set the number of categories.

Template Grid

Field Description
Name This is the name of the uncertainty factor. Click on the name to edit it.
Type Select the distribution type (triangle, normal, uniform).
Min / Most Likely / Max Enter or edit these percentages. They are used when applying the template to the risk model.
  • WhenType = Triangle, then all values are used.
  • When Type = Uniform, then Min / Max are used.
Mean If you select Type = Normal, then this value is used when applying the template to the risk model. You can enter or edit this value.
St. Deviation If you select Type = Normal, then this value is used when applying the template to the risk model. You can enter or edit this value.