Project Management

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What kind of Quantitative Risk Analysis you do?

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Guilherme Caloba Production Engineer| PETROBRAS Rio De Janeiro, Rio De Janeiro, Brazil
When we run our Quantitative Risk analyses, we usually apply Monte Carlo simulation to a model based on a software platform, such as Project, Primavera or even Excel (just to mention some of the hits).

My question is how do you do most of your analyses?

In my case, I run integrated Project and Excel, using a Latin Hypercube sampling mode, using convergence tests to understand how iterations are enough to have, let's say, a p90 convergence of more than 95%.
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Kevin Coleman Subject Matter Expert, Author, Speaker and Strategic Advisor| - Insights Pa, United States
I use integrated Project and Excel with custom developed templates

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