Monte Carlo
Barbecana – MPUG Vendor Showcase – Schedule Risk Analysis: What is it and why is it worth doing?
Learn about schedule risk analysis and Barbecana's Monte Carlo simulation tool that will help you analyze the risk in your project schedule
Protecting Contract Deliverables With Schedule Risk Analysis and Schedule Margin
Event Description: Learn why the finish date predicted by Microsoft Project is NOT the date you promise to deliver to your customer. Even with excellent estimating and execution, the projec...
Simplifying Schedule Risk Analysis Using Microsoft Project Custom Fields – Transcription
Please find below a transcription of the audio portion of John Owen’s session, Simplifying Schedule Risk Analysis Using Microsoft Project Custom Fields, being provided by MPUG for the convenience of o...
Top Frustration #2: End to End Risk Management
Imagine you are managing a large project, which is strategically important and complex. At the outset, you realize there will be a number of risks, which if not managed well, could paralyze the outcom...
Probabilistic Branching and Analysis in Risk Management
Imagine this scenario. You are going to a friend’s house for an important event. It is scheduled with a hard start, meaning you can’t have delays, but as you start traveling, you notice that your vehi...
The Unified Theory of Everything (or at least Schedule, Cost, Risk, and Earned Value)
Event Description: All organizations that run large Programs for a living must assemble deep expertise in disciplines including scheduling, cost analysis, risk analysis, and earned value management. E...
Contingency Reserve and Management Reserve
Let’s say you are going to a friend’s house, and you expect it to take about an hour to get there. In your city; however, traffic is known to cause delays. If a traffic jam occurs, it will impact your...
Critical Path, Criticality Analysis, and Criticality Index
Imagine the following scenario. You are in charge of managing a big match in a stadium. The venue can hold over 100,000 people. The audience is as passionate about watching, as their favorite players ...
How New Technology, Better Collaboration, Simulations and Modular Designs Make for Project Success: An Examination of Nuclear Submarine Building
Some of the largest and most expensive projects completed of late have been fraught with huge time & cost overruns. These unexpected delays and expenses cause partial or full project failures with...