In linear projects activities are associated with certain locations. They are usually construction projects, such as building and roads where each activities have location attributes in addition to duration, start and finish times, cost, resources and other attributes of traditional project schedules.
Time location charts are a way of visualizing project schedules with linear locations on the horizontal axis, and dates on the vertical axis. Schedule activities are then plotted onto the chart according to the locations over which they occur and the dates that the project schedule determines.
Time location charts could be presented for original project schedule and risks-adjusted project schedule.
Risk adjusted project schedule is a result of project risk analysis
1. Risk Analysis of Linear Project
Intaver Institute Inc.
400, 7015 Macleod Trail S.W, Calgary, AB, Canada
Tel: +1(403)692-2252
www.intaver.com
Linear Project Software
http://www.turbo-chart.com
2. What Are the Linear Projects?
• In linear projects activities are associated with certain locations.
They are usually construction projects, such as building and roads
where each activities have location attributes in addition to duration,
start and finish times, cost, resources and other attributes of
traditional project schedules.
• Time location charts are a way of visualising project schedules
with linear locations on the horizontal axis, and dates on the vertical
axis. Schedule activities are then plotted onto the chart according to
the locations over which they occur and the dates that the project
schedule determines.
3. Risk Adjusted Location Charts
Project Risk Analysis is
performed by RiskyProject
software (www.intaver.com).
Time location charts are
presented by Turbo Chart
software (www.turbo-chart.com).
• Time location charts could be presented for original project schedule
and risks-adjusted project schedule.
• Risk adjusted project schedule is a result of project risk analysis
• Comparing risk adjusted project schedule and original project
schedule helps to determine how risks would affect your project.
4. Exporting Monte Carlo simulation results for linear projects from RiskyProject to Turbo Chart
4-Step Process:
1.Configure the Statistics Report in RiskyProject
to contain specified columns
2.Run a simulation.
3.Export the Results to Excel
4.Import the Excel file to Turbo Chart
How to Perform Risk Analysis of Linear
Projects
5. Set up a view the contains simulation results columns. The example
uses the Simulation Results view in RiskyProject to generate data for
results associated with any percentile (e.g. P80). The following are
required fields:
Step 1: Configure the Statistics Report
Field Name Required
for TurboChart
Field Name in
RiskyProject
Description
TaskID ID
ShapeCode Text1 This is the code that is used to define the task appearance on the
chart
Start Text2 The start location value (these must be manually added in
RiskyProject or after import to Turbo Chart)
End Text3 The end location value
Start Date Start High Result of analysis: start time of selected percentile
Finish Date Finish High Result of analysis: finish time of selected percentile
6. • Run Monte Carlo simulations to populate the report with results
(Start Date, Finish Date)
Step 2: Run Monte Carlo Simulations
Columns are remained
in RiskyProject
Columns are remained
in RiskyProject
7. 1. Export view to Excel with Headers
2. Add location values for Start and End fields, if they are not added in RiskyProject.
3. (Optional) Add Shape Codes. These codes define how data is displayed in Turbo
Chart. Codes can be added in Turbo Chart using templates.
4. Copy data to clipboard
Step 3: Export Results to Excel
8. 1. Open TurboChart
2. From the Data menu, click Tasks
Step 4: Import the Excel data to Turbo Chart
9. 4. After validation, data is added to the Data Set.
5. To add shape codes: Import the Shape library, click Data > Shape Library > Load.
Apply shapes to Tasks
3. Click Paste from Clipboard
Step 4: Import the Excel data to Turbo Chart
10. Here is an example of a finished visualization of a original vs risk adjusted (P80) linear project:
Final Time Location Chart
11. Comparison Two Sets of Data in Turbo Chart
1. In Turbo Chart Select CHART>CHART
OPTIONS>DATASETS TAB
2. Select the main and 2nd Dataset to be
displayed
3. Adjust the display options for the 2nd
Dataset to change opacity, or to slightly
transpose the position values to see one
set of data next to the other.
Using Turbo Chart you can compare two different set of data, for example deterministic
project schedule and risk adjusted P80 project schedule
Being able to compare deterministic vs. Risk Adjusted dates could be very useful way of
understanding the behaviour of the linear schedule and to identify where the majority of
the risk delays occur.