Very Nice presentation sir. I have a doubt, can we perform complete scheduling using Primavera risk analysis software alone? And can we track a project using this risk analysis software?
Hi Vinod if the project start date for example is 1Jan2023 and Finish date is 31Dec2023 and if in March 2023 we realise that the project could get delayed and the revised finish date could be June 2024. Now if we wish to run montecarlo to assess the probability of completion date then what data dates do we feed in the risk analysis
Vinod, thanks for this. But a correction: At approx. 4 minutes, you mentioned that the '100% distribution is the cost we need to complete the project'. Thats not necessarily true: This tells you that for the most pessimistic case you'll need the cost at 100% distribution. Now for this particular project you may choose to budget for the most pessimistic case, but for other projects you might budget for say the 80% case (5.083M) with control mechanisms to make sure the likelihood of cost overruns beyond that point are very low. Just my perspective on this.
You are amazing in few minutes you submit very nice presentation about important topics, thanks
Hi Vinod Nice Explanations about Primavera Analysis report.Keep it Up.
Thanks for a great presentation,
Vinod excellent demo, really appreciated your explanation.
i am new to primavera risk analysis. please suggest me more vedios as a beginner
Hi Vinod what does the dates on the X axis represent in your final output distribution curve
many thanks for the presentation
Very Nice presentation sir.
I have a doubt, can we perform complete scheduling using Primavera risk analysis software alone? And can we track a project using this risk analysis software?
Good video
Its really helpful
I want Risk Quanitity analysis online training,
Good one thx
Hi Vinod if the project start date for example is 1Jan2023 and Finish date is 31Dec2023 and if in March 2023 we realise that the project could get delayed and the revised finish date could be June 2024. Now if we wish to run montecarlo to assess the probability of completion date then what data dates do we feed in the risk analysis
Vinod, thanks for this. But a correction: At approx. 4 minutes, you mentioned that the '100% distribution is the cost we need to complete the project'. Thats not necessarily true: This tells you that for the most pessimistic case you'll need the cost at 100% distribution. Now for this particular project you may choose to budget for the most pessimistic case, but for other projects you might budget for say the 80% case (5.083M) with control mechanisms to make sure the likelihood of cost overruns beyond that point are very low.
Just my perspective on this.
hi Vinod