Cost Risk Analysis

This video covers how to run a basic Monte Carlo cost risk analysis on fixed cost. In the example we use a single activity with a Base fixed cost. The first method involves adding Low and High estimates and a triangular distribution to generate probabilistic results. In the second method, we show how to assign a risk with a cost impact to the the activity and run a cost risk analysis.
For more information how to perform schedule risk analysis using RiskyProject software please visit Intaver Institute web site: http://www.intaver.com.

About Intaver Institute.
Intaver Institute Inc. develops project risk management and project risk analysis software. Intaver's flagship product is RiskyProject: project risk management software. RiskyProject integrates with Microsoft Project, Oracle Primavera, other project management software or can run standalone. RiskyProject comes in three configurations: RiskyProject Lite, RiskyProject Professional, and RiskyProject Enterprise.