Risk Based Scheduling

At this point we need to identify the high-risk tasks uncovered in development and adjust task durations if necessary to reflect new information. Our purpose is to use risk assessment and analysis information to calculate a risk-based project schedule in Microsoft Project. The risk-based schedule is calculated from your original project schedule, but uses your weighted estimates of three possible task durations (expected, pessimistic, and optimistic) to come up with a new project schedule. The new schedule is calculated for individual tasks and "rolled up" to the whole project.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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