Using random numbers to better predict the future a.k.a. Schedule Risk Analysis – By Barbecana

Using random numbers to better predict the future a.k.a. Schedule Risk Analysis – By Barbecana

It may seem counter intuitive to apply random uncertainty to our hard won schedule estimates but doing so can dramatically improve the realism of our prediction of the future. But how can we justify applying uncertainty/randomness to management? What’s a reasonable amount of uncertainty? How can you capture uncertainty and apply it to your schedule without adding to your already heavy workload? This session will use Barbecana’s Full Monte schedule risk analysis software to analyze the past and help produce happier clients in the future.