Making Light Work of Schedule Risk Analysis – By Barbecana

There is increasing recognition that Schedule Risk Analysis has an important part to play in producing more realistic forecast for future work completion. However, there are two reasons that organizations still use to justify not adopting the technique. Firstly, there is a fear that the additional work to implement schedule risk analysis will outweigh the benefits. Secondly, the schedule is often imposed by the client and the contractor should just make do and deliver. In reality, schedule risk analysis can be implemented without a massive re-estimation effort to capture three-point estimates and being forewarned regarding issues with client schedules gives an opportunity for addressing those issues before they occur.