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Intaver Institute Inc. Comparison of RiskyProject Professional vs Lite versions Intaver Institute Inc. 303, 6707, Elbow Drive S.W, Calgary, AB, Canada Tel: +1 (403) 692-2252 Fax: +1 (403) 259-4533 www.intaver.com

Intaver Institute Inc. Comparison of RiskyProject Professional vs Lite versions Intaver Institute Inc. 303, 6707, Elbow Drive S.W, Calgary, AB, Canada

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Intaver Institute Inc.

Comparison of RiskyProject Professional vs Lite versionsComparison of RiskyProject Professional vs Lite versions

Intaver Institute Inc.303, 6707, Elbow Drive S.W, Calgary, AB, CanadaTel: +1 (403) 692-2252Fax: +1 (403) 259-4533www.intaver.com

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RiskyProject ProfessionalAdvanced Project Risk Management and Schedule

Risk Analysis Software

RiskyProject ProfessionalAdvanced Project Risk Management and Schedule

Risk Analysis Software

RiskyProject Lite is a project risk analysis software. RiskyProject Lite includes schedule risk analysis, cost risk analysis, risk register, risk adjusted Gantt chart, multiple reporting view.

RiskyProject Lite is designed for project managers without advanced knowledge of risk analysis theory. With it, you can create a project schedule or use project schedule from Microsoft® Project, Oracle® Primavera, or other project management applications.

Once you have your schedule, just define your risks using risk register and calculate the schedule to determine your risk profile.

Project managers can use RiskyProject Professional for planning, scheduling, quantitative and qualitative risk analysis, and performance measurement of projects with multiple risks and uncertainties.

Project risk management:•risk register•risk ranking•customizable risk matrix•risk response and mitigation plans•risk mitigation waterfall chartMonte Carlo schedule risk analysis:•works as standalone and Microsoft Project Add-In•integrated with Primavera and other project management software•multiple statistical distributions•replacement for Risk+Comprehensive quantitative analysis and reportingTracking with risks and uncertainties

RiskyProject Lite and Professional: Descriptions

RiskyProject LiteMonte Carlo Schedule Risk Analysis Software

RiskyProject LiteMonte Carlo Schedule Risk Analysis Software

Statistical Distributions

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RiskyProject Professional has statistical distributions for all tasks and the project

RiskyProject Professional has statistical distributions for all tasks and the project

In RiskyProject Lite statistical distribution are hidden. You may view Low, Base, and High results

of analysis. Exception: Microsoft Project Add-in

In RiskyProject Lite statistical distribution are hidden. You may view Low, Base, and High results

of analysis. Exception: Microsoft Project Add-in

Defining Uncertainties

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In RiskyProject Lite there is no interface to define statistical

distribution for cost and duration. You may only define low, base, and high estimates.

Internally it will become triangular distribution.

In RiskyProject Lite there is no interface to define statistical

distribution for cost and duration. You may only define low, base, and high estimates.

Internally it will become triangular distribution.

RiskyProject Professional has interface to define statistical

distribution.

RiskyProject Professional has interface to define statistical

distribution.

RiskyProject Toolbar in Microsoft Project

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RiskyProject Professional ToolbarRiskyProject Professional Toolbar

Scatter Plot for RiskyProject Professional OnlyScatter Plot for RiskyProject Professional Only Additional ViewsAdditional Views

Both RiskyProject Professional and

RiskyProject Lite are seamlessly

integrated with Microsoft Project

Both RiskyProject Professional and

RiskyProject Lite are seamlessly

integrated with Microsoft Project

RiskyProject Lite ToolbarRiskyProject Lite Toolbar

Risk Register

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Risk Register is the same for

RiskyProject Lite and RiskyProject

Professional

Risk Register is the same for

RiskyProject Lite and RiskyProject

Professional

Both RiskyProject Lite and RiskyProject Professional can be used as a client for RiskyProject EnterpriseBoth RiskyProject Lite and RiskyProject Professional can be used as a client for RiskyProject Enterprise

RiskyProject ProfessionalRiskyProject Professional RiskyProject LiteRiskyProject LiteDatabase

RiskyProject Enterprise

Risk Drag’n’Drop View

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Risk Drag’n’Drop view is available only in

RiskyProject Professional

Risk Drag’n’Drop view is available only in

RiskyProject Professional

In RiskyProject Lite you would need to assign risks to tasks

using Risks tab

In RiskyProject Lite you would need to assign risks to tasks

using Risks tab

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RiskyProject LiteRiskyProject Lite RiskyProject ProfessionalRiskyProject Professional

RiskyProject has additional views:-Project summary-Cost analysis-Cash Flow-Risk Chart-Sensitivity Analysis (Tornado diagram)-Success Rate-Critical Tasks-Tracking Gantt-Five reporting views

RiskyProject has additional views:-Project summary-Cost analysis-Cash Flow-Risk Chart-Sensitivity Analysis (Tornado diagram)-Success Rate-Critical Tasks-Tracking Gantt-Five reporting views

RiskyProject Lite and Professional: Views

RiskyProject Lite has fewer analytical and reporting views.

RiskyProject Lite has fewer analytical and reporting views.

Cost Analysis

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Cumulative probabilistic cost analysis view is

available only in RiskyProject Professional

Cumulative probabilistic cost analysis view is

available only in RiskyProject Professional

Cost with RisksCost with Risks

Cost without risksCost without risks

ActualsActuals

Sensitivity Analysis

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Sensitivity analysis view is available only in

RiskyProject Professional

Sensitivity analysis view is available only in

RiskyProject Professional

Baselines

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Baselines (schedule snapshots) are available

only in RiskyProject Professional

Baselines (schedule snapshots) are available

only in RiskyProject Professional

Probabilistic and Conditional Branching

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Conditional and probabilistic branching is

available only in RiskyProject Professional

Conditional and probabilistic branching is

available only in RiskyProject Professional

Cost vs. Duration Scatter Plot

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RiskyProject Professional has Cost vs. Duration Scatter Plot

RiskyProject Professional has Cost vs. Duration Scatter Plot

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Additional Resources

• White Papers and Articles: http://www.intaver.com/index-whitepapers.html • Online Tutorials: http://www.intaver.com/index-tutorial4.html• Project Decisions: http://www.projectdecisions.org• YouTube Channel: https://www.youtube.com/channel/UCh3WQGV3vQAR0kdTJPlNwvQ

Contact Details

Michael TrumperIntaver Institute [email protected]

Project Think:Why Good Managers Make Poor Project Choices

Project Decisions: The Art and ScienceIntroduction to Project Risk Management and Decision Analysis