Full Monte Risk Analysis for Microsoft® Project
Barbecana’s new Schedule Risk Analysis (SRA) software tool Full Monte, is implemented as a Microsoft Project 2007 and 2010 Add-In based on Monte Carlo simulation.
Barbecana’s new risk analysis software includes the following features:
- Support for normal, lognormal, beta, triangular, and uniform distributions.
- Probabilistic and conditional branching
- Correlations between task durations
- Sensitivity analysis, including “tornado” chart
- Calculation of expected value and standard deviation of early and late start, early and late finish, free and total slack, and cost for each task
- Histograms and s-curves of early and late start, early and late finish, free and total slack, and cost for each key task
- Calculation of active percentage (for branching), critical percentage, sensitivity index, and project finish dates based upon optimistic and pessimistic durations (sensitivity analysis) for each task
- User-configurable mapping of data to MSP fields to allow coexistence with other Add-Ins
- Easy to use (no VBA or similar programming required for any of these features)
- Fast (3,614 task network, 1,000 simulations, about 30 seconds on a fast laptop)
- Read more – Why Is Full Monte So Fast And Does It Matter?
- Utility to migrate data from Deltek Risk+
