Engine / Risks

Risks

The quantitative register the engine actually runs: discrete risk events and continuous uncertainties, with pre and post-mitigation probability.

Engine / Risks

The Register the Engine Actually Runs.

Two kinds of thing live here: discrete events that either happen or don't, and continuous uncertainties that always apply. Both carry a probability the model samples — and a post-mitigation figure, so you can see what the action is supposed to buy.

IdDescriptionRisk TypeProbabilityPost-Mit ProbabilityColor
RSK-0006Quality defect requiring reworkDiscrete50%—
RSK-0007Heavy-lift vessel clashDiscrete60%—
RSK-0008Severe weather windowDiscrete90%—
RSK-0011Subcontractor availability — cost onlyDiscrete75%—
RSK-0012Long-lead delivery slipDiscrete——
RSK-0022Permit approval delayDiscrete50%—
RSK-0026Scope change / late requirementDiscrete30%—
DU-001Duration UncertaintyUncertainty100%—
UC-001Duration UncertaintyUncertainty100%100%
9 of 9 shownRSK-0006 selected
Quantification

Pre-Mitigated, Post-Mitigated, and the Plan in Between.

Open a risk and you set what it actually does: how likely it is, the schedule and cost distributions it draws from, how the impact spreads over the activities it maps to — and the same again for the position after the action plan has done its job.

RSK-0027
Planning Final Approval delay (ACP)

Maps to: ETF1345 (Planning Final Approval from ACP, 280d).

mapping(s)
Pre-mitigated
Triangle · 30 days / 60 days / 120 days
Action plan

No actions yet — add them on the risk's Actions tab in the register.

Post-mitigated
Mappings
SCHETF1345Planning Final Approval from ACP
register / what the model readslive
01Discrete risk events with a probability of occurring
02Continuous uncertainties that always apply
03Pre and post-mitigation probability side by side
04Filter the register by kind, or search it
05Colour-coding carried through every chart
06Full undo and redo over register edits
07The same register drives schedule and cost
08Nothing to re-key: this is the model input
01 / At a Glance

What You Get

  • Discrete events and uncertainties in one register
  • Pre and post-mitigation probability
  • Search, filter and colour-code the register
02 / Next Step

See It on Your Own Project.

Start your Demo and run your first Monte Carlo analysis on your own schedule, or talk to sales and we will take you through it on a sample project. No card needed.

Talk to Sales