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what is the best application for quantitative risk analysis, proper for mid/small projects.

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Mohamed Al-Emam Head of BD and Projects Support | EDF
what is the best application for quantitative risk analysis, proper for mid/small projects.
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Anonymous
Continuous monitoring may help.
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Stéphane Parent Self Employed / Semi-retired| Leader Maker Prince Edward Island, Canada
For small and medium projects, I find Excel sufficient to the task.
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Sergio Luis Conte Helping to create solutions for everyone| Worldwide based Organizations Buenos Aires, Argentina
Trying to add something to good comments above, I will write about my personal experience: I have worked on any size of projects and I have applied quantitative risk analysis (with probability calculations) in those sites where a business unit has expertisse on that. In other sites I have used the SEI CMU probability analysis (based on what an stakeholder said and about that to assign a probability percentage) as a tool. What matters is the risk manage proces, I mean what you do with your risks.

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