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    RiskyProject Professional

    RiskyProject Professional is comprehensive project risk analysis and management software that integrates with MS Project and Oracle Primavera. RiskyProject Professional allows users to perform Monte Carlo simulations of project cost and schedule using discrete risks event and uncertainties using three point estimates as well as other robust distributions. Cost and schedule risk analysis allows users to create realistic “risk adjusted” cost and schedule estimates to complete their projects. RiskyProject Professional also provides a comprehensive project risk management capability that is compatible with all major project risk methodologies and processes, such as those supported by PMI, Prince II, and ISO 31000.
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    RiskyProject Professional is a sophisticated, yet easy to use tool that can be used by project managers, controllers, schedulers, and other team members regardless of whether they are a risk expert or a basic user. In RiskyProject Professional, users can create their own schedules with resources and costs, or import their projects from Microsoft Project, Oracle Primavera, or other project management tools. With the project estimates in RiskyProject, users can quickly define risks and uncertainties for cost, schedule or other impacts, perform Monte Carlo simulations, and determine their project risk profile.

    RiskyProject Professional has an integrated fully feature risk register that allows you to perform project risk management. The risk register can be either qualitative or quantitative and can include non-schedule risks, such as reputation, quality, and performance. Risks can be linked to project activities to measure how they will impact cost and schedule as part of the Monte Carlo Simulations. RiskyProject Professional provides comprehensive sensitivity analysis on project risks, cost, duration, finish time etc. The results of the sensitivity analysis can be viewed as Tornado charts and are available in a variety of reports. In addition, using the Monte Carlo simulations and sensitivity analysis, RiskyProject Professional will automatically rank risks in the risk register.

    RiskyProject Features

    RiskyProject Lite RiskyProject Professional RiskyProject Enterprise

    Project and Portfolio Planning and Scheduling

    Portfolio time, cost, and risk management    
    Portfolio hierarchy and portfolio Gantt Chart    
    Work breakdown structure for individual projects
    Gantt Chart for induvidual projects
    Resource and work management
    Project cost management
    Constraints and deadlines
    Multiple baselines  
    Multiple project, task, and resource calendars

    Risk Management

    Risk Register (risks and issues, threats and opportunities, open and close risks, risk properties, risk probabilities, impacts, and scores, search and filter risks based risk properties)
    Schedule and non-schedule risks (schedule, cost, safety, quality, environment, technology, legal, etc.)
    Share Risk Register among different projects    
    Common risk register accessible by different users with an organization    
    Rank projects within a portfolio based on risks, portfolio and project risk profiles    
    Customizable risk categories and outcomes
    Easily assign risks to tasks or resources
    Risk correlations
    Risk templates (standard risk templates are included)    

    Types of Uncertainty

    Risk events for tasks and resources (fixed or relative delay, fixed of relative cost increase, Task restart, End task, Cancel task, etc.)
    Multiple statistical distributions for task duration, cost, income start time, and lags (Uniform, Triangular, Normal, Lognormal, Exponential, Rayleigh, Gumbel, Beta, BetaPert, Discrete, Custom, and others) In MS Project Add-in
    Conditional branching (If-Then-Else analysis)  
    Probabilistic branching  
    Probabilistic calendar  

    Quantitative Risk Analysis

    Monte Carlo Simulations
    Global risks (for all tasks or resources)
    Local risks (for selected task or resource)
    Cost analysis with risks and uncertainties  
    Analysis of success rate using project and task deadlines
    Risk analysis for product lifecycle management  
    Sensitivity analysis (analysis how uncertainties affect project duration, cost, finish time, and success rate) In MS Project Add-in
    Analysis of risk mitigation using multiple baselines  

    Reporting Tools

    Customizable histograms and cumulative probability plots for task or project duration, start and finish times, cost, work, resource allocation, income and revenue In MS Project Add-in
    Project information views (view original project parameters and results of simulation)
    Result Gantt view (compare original project schedule with results of analysis)
    Optimistic and pessimistic project portfolio view    
    Customizable risk matrix: Risk probability vs. impact
    Customizable risk report
    Report Views: Cash flow, Critical risks, Crucial task, success rate, and others  
    Risk mitigation (“waterfall”) diagrams  

    Integration with other project management tools

    RiskyProject Add-in for Microsoft Project
    Integration with Oracle Primavera
    Other Project Management Software: Safran Project, Project KickStart, FastTrack, WBS Chart Pro, PERT Chart Expert, and other project management software*.


    Forecasting of duration of incomplete tasks with risks and uncertainties
    Project tracking views  

    Other features

    Secure access to the corporate database    
    User management: multiples users with different roles and permissions    
    Free unlimited customer support via email
    Online help and tutorial