Primavera Pertmaster Project Risk 8.5.0030

The decision support tool for determining confidence levels regarding project cost and schedule success. Pertmaster is a full lifecycle risk analytics solution integrating cost and schedule risk management. Pertmaster provides a comprehensive means of determining confidence levels for project success together with quick and easy techniques for determining contingency and risk response plans. You'll have an objective view of required contingency to account for cost and schedule uncertainty as well as analyzing the cost effectiveness of risk response plans. These combined form the basis of a risk adjusted schedule which today is becoming the norm within the planning and scheduling process.

Quick Risk. A powerful starting point for adding risk data to a project. Without having to complete all the details of a full risk analysis, quick risk can be executed in minutes.

Model Risk Types. Risks can occur and affect your projects in many ways. You can accommodate many types, including estimate uncertainty, task existence, probabilistic branching, fixed cost uncertainty, variable cost uncertainty and resource uncertainty.

Monte Carlo Simulation Engine. The risk analysis is based on a scientific method using a random number generator in a fixed number of iterations. There are 10 distribution types available: triangular, uniform, normal, BetaPert, BetaPert modified, LogNormal, discrete, trigen, general/custom.

Latin Hypercube Sampling. Have the option of using a quicker sampling technique than Monte Carlo.

Cost Modeling. Determine if your project will come in to budget using various reporting tools.