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, BetaPert). For more information, see Distribution Types.
Min / Most Likely / Max	Enter or edit these percentages. They are used when applying the template to the risk model. When Type = Triangle, then Min / Most Likely / Max values are used. When Type = Normal, then Mean Duration values are used. When Type = Uniform, then Min / Max are used. When Type = BetaPert, then Min / Most Likely / Max values are used. When Type = TriGen, then Min / Most Likely / Max / Lower Percentage / Upper Percentage values 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.