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RiskyProject
Project Risk Analysis and Risk
Management Software
Version 7.1
Intaver Institute Inc.
www.intaver.com
New Features
Critical Path and Criticality Index
Critical tasks are shown in red
Criticality Index: how many times
this task was on the critical path.
Schedule Diagnostics
DCMA 14 point schedule
inspection
Metrics to measure quality of
project schedule
DCMA 14 points inspection defined by
Defense Contract Management
Administration is a de-facto standard in
schedule analysis.
Potential issues in the project
schedule: click on each issue to
see associated tasks
Schedule statistics
Improved Filtering and Sorting of the Risk Register
Multiple Tabs: multiple views of
the Risk Register with different
sets of columns and filters
Excel-like sorting and filtering of
Risk Register
Schedule Consolidation
Before Consolidation
After Consolidation
Number of tasks
before and after
consolidation
Uncertainty Bands
Color for low/base/high duration
show uncertainty band
Enter Uncertainty
Band for Selected
Tasks
Define Uncertainty
Bands
Export to Microsoft Excel
Click Export to
Excel in any view
Excel will be
automatically
launched
Import Schedule for Oracle Primavera XER Files
Click here to
import a schedule
from Oracle
Primavera
Improved Risk Report
Scenario Analysis using Multiple Cumulative Probability Plots
Curves are
associated with
results of analysis
for different
baselinesEnabled cumulative
probability curve for
this baseline
Risk Assignment View
List of assignment
of all risks to
different tasks and
resources
Easy way to view risk
all assignments
Incident Management
New Incident Tab
in RiskyProject
Enterprise
List of Incidents with
their properties
View Incident
statistics
Define Incident classification
and customize properties
Other New Features
• Automatic Calculation
of the Cost of Risk
• Actual Work Input
• User Interface
Improvements
RiskyProject now can automatically calculate the
Expected Loss of each risk based on results of
Monte Carlo simulations
Questions?
Please contact us
Intaver Institute Inc.
400, 7015 Macleod Trail S.W, Calgary, AB, Canada
Tel: +1(403)692-2252
www.intaver.com
Intaver Institute Inc. US Office
4280 East Tamiami Trail, 302-M, Naples Florida, 34112, USA
Tel: +1(510) 984 3527

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Project Risk Analysis and Risk Management Software RiskyProject version 7.1

  • 1. RiskyProject Project Risk Analysis and Risk Management Software Version 7.1 Intaver Institute Inc. www.intaver.com New Features
  • 2. Critical Path and Criticality Index Critical tasks are shown in red Criticality Index: how many times this task was on the critical path.
  • 3. Schedule Diagnostics DCMA 14 point schedule inspection Metrics to measure quality of project schedule DCMA 14 points inspection defined by Defense Contract Management Administration is a de-facto standard in schedule analysis. Potential issues in the project schedule: click on each issue to see associated tasks Schedule statistics
  • 4. Improved Filtering and Sorting of the Risk Register Multiple Tabs: multiple views of the Risk Register with different sets of columns and filters Excel-like sorting and filtering of Risk Register
  • 5. Schedule Consolidation Before Consolidation After Consolidation Number of tasks before and after consolidation
  • 6. Uncertainty Bands Color for low/base/high duration show uncertainty band Enter Uncertainty Band for Selected Tasks Define Uncertainty Bands
  • 7. Export to Microsoft Excel Click Export to Excel in any view Excel will be automatically launched
  • 8. Import Schedule for Oracle Primavera XER Files Click here to import a schedule from Oracle Primavera
  • 10. Scenario Analysis using Multiple Cumulative Probability Plots Curves are associated with results of analysis for different baselinesEnabled cumulative probability curve for this baseline
  • 11. Risk Assignment View List of assignment of all risks to different tasks and resources Easy way to view risk all assignments
  • 12. Incident Management New Incident Tab in RiskyProject Enterprise List of Incidents with their properties View Incident statistics Define Incident classification and customize properties
  • 13. Other New Features • Automatic Calculation of the Cost of Risk • Actual Work Input • User Interface Improvements RiskyProject now can automatically calculate the Expected Loss of each risk based on results of Monte Carlo simulations
  • 14. Questions? Please contact us Intaver Institute Inc. 400, 7015 Macleod Trail S.W, Calgary, AB, Canada Tel: +1(403)692-2252 www.intaver.com Intaver Institute Inc. US Office 4280 East Tamiami Trail, 302-M, Naples Florida, 34112, USA Tel: +1(510) 984 3527

Editor's Notes

  1. This video will cover the main new features in the latest release of RiskyProject. RiskyProject 7.1 is a significant update and includes many new features and improvements that have been developed since our last major release in June of 2017.
  2. RiskyProject can now calculate critical path, determine critical tasks, and calculate critical path metrics, such as the Criticality index as part of both deterministic calculations and Monte Carlo simulations. Criticality index shows how many times a task was on the critical path during Monte Carlo simulations.
  3. The new schedule diagnostics performs detailed analysis of project schedule integrity, including DCMA 14 point schedule assessment. The DCMA 14 point inspection defined by Defense Contract Management Administration is a widely accepted standard in schedule diagnostics.Diagnostic includes customizable set of 21 tests, which checks schedules for logical errors, ensures that it is aligned with scheduling best practices, and optimized for Monte Carlo simulations.
  4. RiskyProject now includes Excel-style filtering and sorting of the Risk Register based on content of each column. In addition, can now create different views of the same risk register with a different set of columns filtered and sorted in different orders. These views are presented as different bottom tabs in the Risk Register.
  5. Schedule Consolidation generates an equivalent project schedule with the same duration and cost by consolidating sequential tasks, removing redundant summary tasks, and other optimizations. Schedule consolidation is useful to increase performance of Monte Carlo simulations of very large schedules.
  6. Uncertainty bands are predefined ranges of coefficients used to automatically calculate values for low and high durations and fixed costs for the selected tasks. Tasks that have similar relative ranges of uncertainty are assigned different shading for quick identification on Project views. Uncertainty bands include an interface that allows users to easily assign bands to selected tasks.
  7. You can now export any data tables directly to Microsoft Excel and automatically launch Excel. This includes an option to format the Excel report.
  8. You can now import from Oracle Primavera schedules saved in XER format. Previous versions of RiskyProject were limited to opening P6 schedules that were in Microsoft Project XML format also supported by Oracle Primavera.
  9. The Risk report now includes risk reviews and formatting of risk report has also been improved.
  10. Scenario analysis can now be performed using multiple baselines plotted as S-curves associated with results of Monte Carlo simulations of different baselines at both the project or task level. By viewing multiple cumulative probability plots, you can compare uncertainties in different project scenarios.
  11. The Risk Assignment View is the list of all risk assignments to tasks and resources. The view allows you to re-assign risks to different tasks and resources, define correlations, and create a report of risk assignments. It includes both global and local risks.
  12. The Incident management module is available with the Enterprise version. Incident management has a similar workflow to our risk management, but uses different views and has separate reports based on incident properties.
  13. RiskyProject usability has undergone multiple improvements, including introduction of Microsoft Office 2016 and later UI conventions. In addition, the Risk Register usability has been improved by introducing advanced customization of column headers.