Risk-Adjusted Schedule

You can generate scenarios based on risk inputs and outputs.

Scenarios Based on Risk Inputs

Creating scenarios based on risk inputs is useful when needing to re-calibrate a schedule based on the project's team uncertainty rankings. You can achieve this using one of the following modes:

• The PERT Method uses the PERT algorithm ((max+4*most likely+min)/6 to re-calibrate the schedule/cost model.
• The Distribution Median takes the median value between min, most likely and max to re-calibrate the schedule/cost model.

Scenarios Based on Risk Outputs

You can create a scenario based on any P-Value from the risk analysis. After creating the scenario, you can publish the risk-adjusted schedule back to the scheduling tool or use it as the basis for building a new risk model.