Krishna PakkiProject Services Manager| Rio TintoGilbert, Az, United States
I use @RISK which is typically a add-on to excel with more RISK functions. I use it for Monte Carlo analysis to determine both schedule and estimate contingencies Saving Changes...
For schedule I have use Oracle Primavera Risk Analysis and Excel with @risk to integrate schedule (from the other simulation) and financial risk. Saving Changes...
Ahmed SanadProject Director| Siemens EnergyDubai, United Arab Emirates
Which once is better ? @Risk or PRA (Primavera Risk Analysis) ? Saving Changes...
Carl ProChief Operations Officer| ProCHEM LLCMonroeville, Pa, United States
I use Active Risk Manager and Oracle Primavera Risk Analysis, the power to have the analysis & risk history available makes any audit a breeze. Saving Changes...
Try Minitab Statistical Software, it's a powerful & easy statistical software that everyone can use. Saving Changes...
Guilherme CalobaProduction Engineer| PETROBRASRio De Janeiro, Rio De Janeiro, Brazil
If you're talking about Monte Carlo itself, my favorite tool is @RISK. It's been around for more than 20 years and the CEO is the original programmer of the 1.0 version, which is something I truly respect. If you're working with schedules, small ones work nicely on @RISK and you can integrate. For bigger schedules, I'd suggest PRA. Saving Changes...
I'd echo the support for @Risk. The benefit is that it can leverage existing schedules in MS Project - all you have to do is provide your three point cost & schedule estimates for each activity and let it run its simulations.
Love can sweep you off your feet and carry you along in a way you've never known before. But the ride always ends, and you end up feeling lonely and bitter. Wait. It's not love I'm describing. I'm thinking of a monorail.
