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Multiple Baselines
RiskyProject now supports multiple baselines. You can save the
current schedule or the calculated results as a baseline. A baseline
is a deterministic project schedule, which you can use to:
• Track project performance against the baseline
• Analyze different project scenarios
• Perform mitigation analysis.
For
example, if you want to understand effect of mitigation efforts for
a group of risks on project cost. To compare pre and post mitigation
schedules, you perform an analysis without mitigation efforts and
save the results as a baseline. Next, apply mitigation efforts, this
can require additional tasks and costs and reduces the probability
or impact of the risk in the current schedule. Calculate the
post-mitigation schedule analysis and create another baseline with
these results. Finally, perform a cost comparison between the pre
and post mitigation baselines.
You can create baselines using the results of probabilistic schedule
analysis. To do this when you create a baseline, you select a
percentile on which to create the deterministic schedule. This
creates a deterministic schedule with the results of the risk and
uncertainty calculations build into it.
Probabilistic Calendar and Calendar improvements
You can now model weather and other calendar related event’s using
probabilistic calendars. If your project has a 30% chance of running
an inclement weather schedule, you can create this calendar with
reduced hours of operation and run it 30% of the time during the
project to model this calendar risk.
In addition, RiskyProject 3 now has calendars that are associated
with particular resources and tasks.
See
also
Creating a baseline
Converting a baseline to a current schedule
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solutions