Why Use Risk Analysis?

Risk analysis allows you to gain true insight into schedule achievability, pinpoint risk hotspots that may cause delay, and structure an approach to reduce risk exposure.

In addition, it can:

• reveal hidden critical paths
• bring realism to your forecast
• allow you to manage contingency
• generate team buy-in to the schedule

Common Problems

A few of the common problems are:

• Trying to produce a good risk model when you have a bad schedule.
• Using a one-size-fits-all risk model.
• Reverse engineering the model to fit the desired outcome.
• Not educating all involved stakeholders so that they can contribute and understand.
• Results are treated as theoretical and there is no prompt action.