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Intaver Institute Inc. Comparison of RiskyProject Professional vs Lite versions Intaver Institute Inc. 303, 6707, Elbow Drive S.W, Calgary, AB, Canada.

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Presentation on theme: "Intaver Institute Inc. Comparison of RiskyProject Professional vs Lite versions Intaver Institute Inc. 303, 6707, Elbow Drive S.W, Calgary, AB, Canada."— Presentation transcript:

1 Intaver Institute Inc. Comparison of RiskyProject Professional vs Lite versions Intaver Institute Inc. 303, 6707, Elbow Drive S.W, Calgary, AB, Canada Tel: +1 (403) Fax: +1 (403)

2 09/05/2015 Intaver Institute Inc. 2 RiskyProject Professional Advanced Project Risk Management and Schedule Risk Analysis Software RiskyProject Professional Advanced Project Risk Management and Schedule Risk Analysis Software RiskyProject Lite is a project risk analysis software. RiskyProject Lite includes schedule risk analysis, cost risk analysis, risk register, risk adjusted Gantt chart, multiple reporting view. RiskyProject Lite is designed for project managers without advanced knowledge of risk analysis theory. With it, you can create a project schedule or use project schedule from Microsoft® Project, Oracle® Primavera, or other project management applications. Once you have your schedule, just define your risks using risk register and calculate the schedule to determine your risk profile. Project managers can use RiskyProject Professional for planning, scheduling, quantitative and qualitative risk analysis, and performance measurement of projects with multiple risks and uncertainties. Project risk management: risk register risk ranking customizable risk matrix risk response and mitigation plans risk mitigation waterfall chart Monte Carlo schedule risk analysis: works as standalone and Microsoft Project Add-In integrated with Primavera and other project management software multiple statistical distributions replacement for Risk+ Comprehensive quantitative analysis and reporting Tracking with risks and uncertainties RiskyProject Lite and Professional: Descriptions RiskyProject Lite Monte Carlo Schedule Risk Analysis Software RiskyProject Lite Monte Carlo Schedule Risk Analysis Software

3 Statistical Distributions 09/05/2015 Intaver Institute Inc. 3 RiskyProject Professional has statistical distributions for all tasks and the project In RiskyProject Lite statistical distribution are hidden. You may view Low, Base, and High results of analysis. Exception: Microsoft Project Add-in In RiskyProject Lite statistical distribution are hidden. You may view Low, Base, and High results of analysis. Exception: Microsoft Project Add-in

4 Defining Uncertainties 09/05/2015 Intaver Institute Inc. 4 In RiskyProject Lite there is no interface to define statistical distribution for cost and duration. You may only define low, base, and high estimates. Internally it will become triangular distribution. RiskyProject Professional has interface to define statistical distribution.

5 RiskyProject Toolbar in Microsoft Project 09/05/2015 Intaver Institute Inc. 5 RiskyProject Professional Toolbar Scatter Plot for RiskyProject Professional Only Additional Views Both RiskyProject Professional and RiskyProject Lite are seamlessly integrated with Microsoft Project RiskyProject Lite Toolbar

6 Risk Register 09/05/2015 Intaver Institute Inc. 6 Risk Register is the same for RiskyProject Lite and RiskyProject Professional Both RiskyProject Lite and RiskyProject Professional can be used as a client for RiskyProject Enterprise RiskyProject Professional RiskyProject Lite Database RiskyProject Enterprise

7 Risk Drag’n’Drop View 09/05/2015 Intaver Institute Inc. 7 Risk Drag’n’Drop view is available only in RiskyProject Professional In RiskyProject Lite you would need to assign risks to tasks using Risks tab

8 09/05/2015 Intaver Institute Inc. 8 RiskyProject Lite RiskyProject Professional RiskyProject has additional views: -Project summary -Cost analysis -Cash Flow -Risk Chart -Sensitivity Analysis (Tornado diagram) -Success Rate -Critical Tasks -Tracking Gantt -Five reporting views RiskyProject has additional views: -Project summary -Cost analysis -Cash Flow -Risk Chart -Sensitivity Analysis (Tornado diagram) -Success Rate -Critical Tasks -Tracking Gantt -Five reporting views RiskyProject Lite and Professional: Views RiskyProject Lite has fewer analytical and reporting views.

9 Cost Analysis 09/05/2015 Intaver Institute Inc. 9 Cumulative probabilistic cost analysis view is available only in RiskyProject Professional Cost with Risks Cost without risks Actuals

10 Sensitivity Analysis 09/05/2015 Intaver Institute Inc. 10 Sensitivity analysis view is available only in RiskyProject Professional

11 Baselines 09/05/2015 Intaver Institute Inc. 11 Baselines (schedule snapshots) are available only in RiskyProject Professional

12 Probabilistic and Conditional Branching 09/05/2015 Intaver Institute Inc. 12 Conditional and probabilistic branching is available only in RiskyProject Professional

13 Cost vs. Duration Scatter Plot 09/05/2015 Intaver Institute Inc. 13 RiskyProject Professional has Cost vs. Duration Scatter Plot

14 09/05/2015 Intaver Institute Inc. 14 Additional Resources White Papers and Articles: Online Tutorials: Project Decisions: YouTube Channel: https://www.youtube.com/channel/UCh3WQGV3vQAR0kdTJPlNwvQhttps://www.youtube.com/channel/UCh3WQGV3vQAR0kdTJPlNwvQ Contact Details Michael Trumper Intaver Institute Inc Project Think: Why Good Managers Make Poor Project Choices Project Decisions: The Art and Science Introduction to Project Risk Management and Decision Analysis


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