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Intaver Institute Inc.
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Intaver Institute Inc. offers project risk management and project risk analysis software
Intaver Institute Inc. offers project risk management and project risk analysis software

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Intaver Institute Inc.'s posts

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February 16, 2017
Intaver Institute announces a new webinar
We will be providing a free webinar “Introduction to project risk management: Risk Registers and more” on Tuesday May 2nd, 2017 at 10am MST. The webinar will show how participants how to set up and use risk register to manage the complete risk lifecycle. Click here to register for this webinar.
In addition, there is also a scheduled webinar “Step-by-step Schedule Risk Analysis with RiskyProject” on Tuesday March 7th, 2017, that will provides an easy to follow process to perform schedule risk analysis. Click here to register for this webinar.
Read more about the webinars: http://intaver.com/services/riskyproject-webinars/

To register: https://attendee.gotowebinar.com/register/8668004692765042434

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February 16, 2017

Q: Organizational Breakdown Structure in RiskyProject Enterprise
Can I synchronize Organizational Breakdown Structure in RiskyProject with LDAP?

A: Unfortunately in present moment you cannot synchronize Organizational Breakdown Structure in RiskyProject in LDAP. you have to manually make all updates.

For more information please visit: http://intaver.com/IntaverFrm/viewtopic.php?f=6&t=1345

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February 16, 2017

Q: Modifying PowerPoint templates used with the Statistics Report
Can I modify or use a different template for the statistics report?

A: The PowerPoint template that comes with RiskyProject is there for purely as an example of a Report template that can be used. You can use any PowerPoint template with the Statistics Report to include you organizations designs. Microsoft provides free examples here https://templates.office.com/en-us/templates-for-PowerPoint.

To change the PowerPoint template you would like to use go to Reports > Statistics Report. Click Customize Report. In the Format Statistics Report dialog box, click the Browse button to select a PowerPoint template (.ppt) to use.

For more information visit: http://intaver.com/IntaverFrm/viewtopic.php?f=3&t=1344


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How can I print a histogram chart?

A: There are multiple ways that you can generate print outs off histogram charts.

Method 1: Copy Chart to Clipboard
Right-click on the histogram and choose Copy Chart to Clipboard as either a metafile or a bitmap. This will save the chart as an image to your clipboard and you can then paste it into a document to print.

Method 2. Save to file
Right-click on the histogram and choose Copy Chart to File. You will be prompted to save the file. Remember to select the file format you prefer. We recommend png format as is does not lose quality if you need to change the size. Once you have saved the chart to file, you can insert it into a document for printing.

Method 3: Print the Statistics Report
Once you have run a simulation. Go to Reports > Statistics Report. Select the activity that you want to use to print the histogram. Depending upon how you have the report set up, the histograms (1 per page) for the selected activity will appear in the Report pane. From the File menu, choose Print > Print to print the report with the histograms.

For more information visit: http://intaver.com/IntaverFrm/viewtopic.php?f=2&t=1343

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February 8, 2017

New book “Project Risk Analysis Made Ridiculously Simple”

Project management is the art of analyzing and managing risks. Without risk, there is little need for project management. Project Risk Analysis Made Ridiculously Simple offers a step-by-step guide on how to perform project risk analysis and risk management for a wide range of readers: students, project schedulers not exposed to project risk analysis before, and to project risk experts. The book is written by Intaver Institute staff members.
With this book, you will learn how to:
Identify and manage risks over the course of a project
Perform qualitative and quantitative risk analysis
Perform project risk analysis using Monte Carlo simulations
Use event chain methodology to improve project risk analysis
Perform risk analysis of project portfolios.

For more information please visit: https://www.amazon.com/Analysis-Ridiculously-Scientific-Now-Publishers-Business-ebook/dp/B01MZDXN2Y/ref=sr_1_1?ie=UTF8&qid=1486579618&sr=8-1&

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January 31, 2017

Q: Risks on Gantt bars
What do the colors and sizes of the risk arrows in Gantt chart bar (probability, impact)

A: The arrows are indicators of risks that are assigned to the particular task. If the arrow is pointing down it is a Threat, if arrows points up it is opportunities. The larger the chance of the risk, the larger the arrow will be. Low impact will be green, medium impact will be yellow, high impact is red.

To view the risk assignment represented by the risk, double-click on the risk arrow and information about the local risk assignment will be shown.

For more information please visit: http://intaver.com/IntaverFrm/viewtopic.php?f=4&t=1342



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Januray 31, 2017

Q: Adjusting the displayed high and low results
How can I see the P1/P99 or similar results for each task?

A: This is a 2-step process: first you have to change the percentiles used for high and low results. Second you need can view high and low results in the Resullt Gantt.

The Low and High results by default are set to P10 and P90. You can select either from several options or define custom percentile for low and high results. To modify to low and high results go to the Schedule tab>Settings and Options>Project Options> Calculations. In the Calculations tab, select the P1/P99 option.
Now go to Analysis > Result Gantt view. The Low Dur and High Dur columns are now showing p1/p99 results for each task.

FOr more information please visit: http://intaver.com/IntaverFrm/viewtopic.php?f=2&t=1341

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January 31, 2017

Q: Do I have to renter all of my estimates if they already exist to run a simulation?
Hi, I have a very large schedule and already have gathered all of the low and high estimates needed to run a Monte Carlo simulation. The problem is that I have to use the Addin’ s Duration dialog box to add a statistical distribution type and seeds and when I do this it overwrites my original estimates.

A: If you do not require a statistical distribution other than triangular distribution, then all you require is to map your Low and High estimates in the Field Mapping dialog box. In the example below, the fields are Duration1 and Duration2 for low and high estimates respectively. In addition, we have selected Text11 to contain the statistical distribution information. The statistical distribution information contains the estimates in hours, Seed number, and distribution type and is written in this format: 1^480^1440^2400^351317824^0^2^0 (see the User Guide for description.) In the example below, we have not added any statistical distribution data. However, even without this data defined, you can run a quick simulation.
When the data is prepared for the Monte Carlo simulation, if there are low and high estimates for a task, but no Seed or distribution type, RiskyProject automatically adds the seed and a triangular distribution to all tasks with low and high estimates. All you need to do is click the Calculate button to run the simulation. You will know it is complete, when the Project Information opens.

For more information please visit: http://intaver.com/IntaverFrm/viewtopic.php?f=3&t=1340


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January 19, 2017

Q: Saving distribution for task duration in RiskyProject Enterprise
I performed Monte Carlo simulations of project schedule and saved results in the database. Do you save distributions for project duration, finish time, and cost or you save distributions for individual tasks as well?


A: We save statistical distributions for project parameters, such as project duration, cost, and finish times in RiskyProject Enterprise database. In fact we save all samples for project duration, cost, and finish times for each iterations of Monte Carlo simulation. Based on these samples we generate statistical distribution which are displayed when you double click on Gantt bar in project portfolio view.
We also save tasks durations, costs, work, start and finish times for each iterations of Monte Carlo simulations. However these information is used only for interface with other project scheduling and portfolio management software. When you perform Monte Carlo simulations, save a schedule and open it again, you would need to perform Monte Carlo simulations again to see results for individual tasks.

For more information please visit: http://intaver.com/IntaverFrm/viewtopic.php?f=6&t=1339




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January 19, 2017

Q: Base duration for uniform distribution
I have a uniform distribution from 5 days to 10 days. The base duration is 7 days. What does the base duration mean for uniform distribution?

A: In case of uniform distribution, based duration will not be used for probabilistic calculation. It is used for deterministic calculation only. The same is true for most other distributions, such as normal, discrete and custom. Based duration will be used for Triangular distribution only.

For more information please visit: http://intaver.com/IntaverFrm/viewtopic.php?f=4&t=1338
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