091814 Future State Analysis (SQRA_Monte Carlo)

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We learn and grow together… BRIEF INTRODUCTION TO SCHEDULE QUANTITATIVE RISK ANALYSIS FUTURE STATE ANALYSIS USING MONTE CARLO SIMULATION AUTHOR : Rufran C. Frago, P. Eng., PMP®, CCP, PMI-RMP® Revision : September 18, 2014

Transcript of 091814 Future State Analysis (SQRA_Monte Carlo)

Page 1: 091814 Future State Analysis (SQRA_Monte Carlo)

We learn and grow together…

BRIEF INTRODUCTION TO SCHEDULE QUANTITATIVE RISK ANALYSIS

FUTURE STATE ANALYSIS

USING MONTE CARLO SIMULATION

AUTHOR : Rufran C. Frago, P. Eng., PMP®, CCP, PMI-RMP® Revision : September 18, 2014

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AGENDA 0:00 Introduction/Risk Duality (1 min) 0:01 Picture RISK (1 min) 0:02 Schedule risk (1 min) 0:03 Schedule modeling (2 min) 0:05 Traditional approach (2 min) 0:07 Guide to ranging (2 min) 0:09 Estimate maturity (1 min) 0:10 Cascade effects of uncertainty (2 min) 0:12 Results of SQRA (2 min) 0:14 Uncertainty, Risk and Change (1 min) 0:15 End of presentation

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Sorry, the article you are looking was removed. You will find a more detailed discussion about the subject and many other related topics in the paperback edition of the book "Risk-based Management in the World of Threats and Opportunities: A Project Controls Perspective." It is also available in Amazon’s Kindle edition. Please follow the hyperlink below or copy and paste the URL on your browser to check. You can now grab a copy. Check it out! http://www.amazon.com/RUFRAN-C.-FRAGO-PMI-RMP/e/B01055MPYI http://www.amazon.com/dp/B0104OFUDI/ref=rdr_kindle_ext_tmb https://www.linkedin.com/pulse/risk-based-management-world-threats-opportunities-rufran?trk=prof-post Cheers, Rufran C. Frago Author

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