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Quantitative Risk Analysis without Qualitative & three point estimate application

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Ahmed Sanad Project Director| Siemens Energy Dubai, United Arab Emirates
Hello All,
Hope everything is going well, and happy new year for all of you.

I have 2 questions:

1st one is regarding risk management:
can i proceed to quantitative risk analysis without passing through qualitative analysis ? i mean to go deeply into risk calculations, without using risk matrix to rank risks,etc....

2nd question, if i'm doing three point estimate using excel sheet, if i sum up all activities duration it'll give me a very long project, because it consider it series activities, how can i do the three point estimate using excel sheet and taking into consideration all relations between activities ?
then i'll take this output (three point estimate) to perform Monte Carlo analysis, what's the best way to do this ?

Thanks in advance
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Ahmed Sanad Project Director| Siemens Energy Dubai, United Arab Emirates
Jan 12, 2017 9:33 AM
Replying to Stéphane Parent
...
As for PERT in MS Project, I suggest you Google with your specific Project version. There are a variety of tools, add-ins, and procedures that work with specific versions of the software. For example, Project 2007 has a PERT analysis add-in that is not available in later versions.
I have MS Project 2010, I couldn't find a tool to implement with MS Project.
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1 reply by Stéphane Parent
Jan 12, 2017 10:02 AM
Stéphane Parent
...
Did you check the following link?
http://blogs.technet.com/b/projectified/ar...24/3296207.aspx
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Stéphane Parent Self Employed / Semi-retired| Leader Maker Prince Edward Island, Canada
Jan 12, 2017 9:51 AM
Replying to Ahmed Sanad
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I have MS Project 2010, I couldn't find a tool to implement with MS Project.
Did you check the following link?
http://blogs.technet.com/b/projectified/ar...24/3296207.aspx
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Francesca Schiezzari Risk Manager| Leonardo - Helicopter Division Vergiate, Varese, Italy
Here a few links on the use of @Risk and MS Project:

http://www.palisade.com/projectriskmanagement/
https://www.youtube.com/watch?v=ON8EvdKclMA

I think that this link will support you on the question above.
Let me know if you need further details
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