Probablistic Risk Analysis Resources

There are four fundamental questions in the realm of risk analysis:

1. What can go wrong? (bad things happen to poorly planned projects)
2. How frequently can we expect it to go wrong? (period of performance)
3. What are the consequences when it happens? (schedule impacts)
4. How certain are we about the answers to the first three questions? (show me the probability distributions for each node in the network)

Here are some resources for Probabilistic Risk Analysis of project schedules:

• http://www.treeage.com/products/download.html
• http://www.add-ins.com/analyzer/index.htm
• http://www.crystalball.com/index.html
• http://www.cs-solutions.com/products/?Product=Risk%20Plus
• http://www.amazon.co.uk/exec/obidos/ASIN/0521773202/infoline0f-21/026-5027987-0584452
• http://www.managementscience.org/research/risk.asp