Gerard PfaffProgram Engineering Manager| Cobham Advanced Electronics SolutionsBethlehem, Pa, United States
I would like to perform a schedule risk assessment (SRA) using a commercially available computer application on a MS Project 2010 schedule using three point task duration estimates. My objective is to determine probability of success on completion of key milestones which the customer stated need to be finished earlier. I will need to select and buy the SRA application software to do this. What important SRA software features should I look for? Are there any SRA lessons learned that can be shared? Saving Changes...
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Rosalinda BernabeProduct Management ServiceNow Integration Program| SMBC GroupNorth Carolina, United States
Gerald, it is already May, 2015. What did you decide to purchase after all?
BTW, if you have the PM and they can do scheduling analysis, why do you still need to buy the software?
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Gerard PfaffProgram Engineering Manager| Cobham Advanced Electronics SolutionsBethlehem, Pa, United States
Hello Rosalinda, Three potential SRA tools were identified - one which is MS Excel based and two for MS Project. I still need to evaluate these. PM at my company does not currently have the capability to perform SRA using Monte Carlo analysis. I was exposed to SRA working with a team mate company during a major proposal and it is a powerful technique. Saving Changes...
Carl ProChief Operations Officer| ProCHEM LLCMonroeville, Pa, United States
We use Oracle Primavera Risk Analyzer (OPRA) which can handle both P-6 and MS Project schedules. OPRA is rather expensive and is one user per license. We also use @Risk for our smaller MS project schedules because of cost. Saving Changes...
