The document proposes a new Master Control Schedule (MCS) Planning and Risk Analysis method to address challenges with traditional schedule risk analysis (SRA) and project scheduling. The key aspects of the new method are:
1) It separates planning from detailed scheduling, allowing planning and risk analysis to occur earlier before detailed schedules exist.
2) It uses a workflow-based Arrow Diagramming Method (ADM) master control schedule integrated with discrete execution schedules through control nodes.
3) It allows for schedule risk analysis, planning, contingency management and updates to all occur within an integrated process linked to the master control schedule.